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Benzinga
Benzinga
Business
Erica Kollmann

SpaceX Nasdaq 100 Debut, Minimal Lift: Analysts Call the QQQ Hype Overdone

SpaceX Nasdaq QQQ Invesco QQQ Trust SPCX CNBC Paul Meeks JPMorgan
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SpaceX (NASDAQ:SPCX) has joined the Nasdaq 100 index, but several Wall Street voices argue the impact on the stock will be far more modest than the soaring expectations baked into recent "forced-buy" narratives around ETFs such as the Invesco QQQ Trust (NASDAQ:QQQ).

• Invesco QQQ Trust, Series 1 shares are under pressure. Why are QQQ shares declining?

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