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SpaceX Shares Sink Below Its Opening Price After Nasdaq 100 Entry As Momentum Falters

SpaceX
International Business Times Fews App News Provider
Fews App Post Time há 21h

The stock joined the tech-heavy Nasdaq 100 on Tuesday, less than a month after its market debut, becoming one of the fastest companies ever added to the benchmark. Getty Images SpaceX shares extended their recent decline on Wednesday, closing at $148, marking the second consecutive trading session below the company's June 12 opening price of $150 per share despite its high-profile addition to the Nasdaq 100 index earlier this week. SpaceX became one of the fastest companies ever admitted to the Nasdaq 100 after the exchange recently updated its eligibility rules for newly listed firms.

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