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Is SpaceX stock about to crash below $100?

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Is SpaceX stock about to crash below $100?

SpaceX (SPCX) stock pulled back sharply after an initial rally to an all-time high of $225.64, falling below its IPO price of $135 and closing at $115.26. The move signals weakening near-term investor sentiment/positioning following the early post-IPO surge.

Analysis

SpaceX (SPCX) stock pulled back sharply after an initial rally to an all-time high of $225.64, falling below its IPO price of $135 and closing at $115.26. The move signals weakening near-term investor sentiment/positioning following the early post-IPO surge.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.28

Ticker Sentiment

SPCX-0.28