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On Friday shares in SpaceX (SPCX) fell again and that delivered the lowest cash price since it officially launched onto the markets at $135. It was also the lowest price since the stock peaked at $225.64. SPCX opened on Friday, at $150.13 and traded as high as $150.57, but it took a dive in late trading, falling as low as 145.07. The stock closed on Friday, at $145.30- a loss of 4.51% on the day.
Overnight and this morning the 24/7 (SPCXUSDT) price fell back further and has traded closer to the original launch price. That fall was surely not helped by the wider losses across the tech sector so far today with the slide in SK Hynix leading the way. So, SPCXUSDT has traded as low as $142.30, but it is trying to make a bit of progress just now. Of course that $135 level is a major support from now on and it remains to be seen if that will be tested. SPCXUSDT is currently trading around $143.60
Earlier today we noted how the oil markets had reacted to all the weekend news and that had sent Brent crude sharply higher. At the time of that...
On Friday shares in SpaceX (SPCX) fell again and that delivered the lowest cash price since it officially launched onto the markets at $135. It was...
Earlier this morning we noted how increased war risk had underpinned the dollar and how that had surely tripped stops below 1.1391 in the EUR/USD...
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