◆ NeutralSPCX
Why SpaceX Stock Popped Before Earnings
The Motley Fool·
SpaceX stock surged 9.6% ahead of its first earnings report as a public company. The rally was driven by Elon Musk's warning against shorting the stock, which prompted investors with short positions to close them out ahead of earnings. The company is expected to report $0.29 EPS and $6.8 billion in quarterly revenue, with stock performance dependent on whether guidance meets expectations.
Read Full Article at The Motley Fool →