Tag: shares slip
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SpaceX shares slip as lockup expiry adds to post-IPO woes
Aug 6 : SpaceX shares fell on Thursday, as investors braced for a potential bout of insider stock sales that could heap fresh pressure on a company already enduring a bumpy ride since listing.The shares were last trading down 1.3 per cent at $106.45. When a company goes public, certain shareholders – t
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Short sellers notch $15.5 billion profit as SpaceX shares slip -Ortex
NEW YORK, July 23 : Short sellers targeting SpaceX shares are sitting on an estimated $15.5 billion in paper profit since the rockets-to-AI firm’s mid-June initial public offering, as its stock slipped below the IPO price, according to data through Tuesday from analytics firm Ortex Technologies.Short sellers
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Shares slip in Asia as oil jumps on Gulf attacks
SYDNEY, July 13 : Share markets slipped in Asia on Monday as fighting intensified in the Gulf and Iran claimed to have closed the vital Strait of Hormuz, sending oil prices surging and rekindling inflation risks globally. The dollar gained with bond yields as investors nudged up the chance of a hike in intere
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Asian shares slip as earnings loom, oil weighed by supply
SYDNEY, July 6 : Asian share markets eased on Monday as caution took hold ahead of a crucial earnings season for the artificial intelligence sector, while the potential for increased supply weighed on oil prices and promised relief from inflationary pressures.While there were no new developments in the fracti
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