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The Economic Times
The Economic Times

SpaceX draws retail investors despite fall in shares post earnings

SpaceX Vanda Research

Retail investors flocked to SpaceX shares on Wednesday, buying the dip as the stock fell about 12% following the company’s first earnings report since going public, according to a Reuters report.

Individual traders purchased a net $22.7 million worth of SpaceX shares in the first hour of trading, the third-highest opening-hour total in the 37 sessions since its market debut, the report said citing Vanda Research.

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