Category: Markets

SpaceX (SPCX) shares fell below their $135 IPO price after a fourth straight decline, stung by post-IPO volatility and rapid inclusion in the Nasdaq-100.

SpaceX (SPCX) shares slipped below the $135 IPO price for the first time after four straight down sessions and a recent Nasdaq-100 addition. Market volatility follows record $86B IPO.

Fed Chair Kevin Warsh testified to the Senate Banking Committee, reaffirming the Fed’s commitment to fighting inflation while giving limited guidance on interest rates.

SpaceX shares (SPCX) fell below their $135 IPO price for the first time after a four-day slide, extending post-IPO volatility following the record $86B offering.