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The two major “shoes” have landed: Xspace released its earnings report and unlocked shares for trading.
After the earnings report was published, the stock surged to 130u; when shares for trading were released, it was instantly driven down to 104u. However, there was no sign of the situation the market was worried about—“falling to 80u or even 50u.” First, it shows the stock’s quality is indeed excellent. Second, Trump’s son spoke out to support the market. Third, Old Ma’s face also wouldn’t allow a big drop to happen.
In the future, it’s not impossible that the market may test the lows again, but most likely it will continue to rise steadily. After all, Xspace, as the undisputed leader in aerospace and aviation, has too many stories to tell. Here’s a joking analogy: the higher the sky, the higher the price.