Spyke
lemmy.world

Huh? $154 at close, how is that "below" a $135 IPO launch price?

10

I think I this is talking about when the stock was generally available vs its "IPO". The general public could start buying the stock on Friday June 12th. From what I can see the price opened around $160 on Friday (seems like somewhere between $150-160).

The $135 price wasn't available to everyone.

3

I was thinking of shorting this thing when it hit 200 but didn't. :/

The ones who did now has free money machine.

2

Maybe diluting the shares during the lockup period wasn't such a great idea.

2

You reached the end

SpaceX Drops 14% in One Day, Price Now Below IPO Launch | Spyke