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SpaceX is back in focus...
Over $100B worth of $SPCX shares just became eligible for trading, yet the stock still climbed after a bullish analyst target upgrade.
This unlock could increase volatility in the short term as insiders gain the ability to sell, but it's also a major test of market demand. If buyers continue absorbing the new supply, it could strengthen confidence in the stock.
Worth keeping on your watchlist over the coming weeks. 📈#spacex #🚀SpaceX
Over $100B worth of $SPCX shares just became eligible for trading, yet the stock still climbed after a bullish analyst target upgrade.
This unlock could increase volatility in the short term as insiders gain the ability to sell, but it's also a major test of market demand. If buyers continue absorbing the new supply, it could strengthen confidence in the stock.
Worth keeping on your watchlist over the coming weeks. 📈#spacex #🚀SpaceX
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