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Benzinga
Benzinga
Business
Badar Shaikh

SPCX Falls More Than 50% From Lifetime High, Peter Schiff Calls It ‘Dangerous’ to Buy Into Hype

Peter Schiff X SPCX Elon Musk SpaceX Gary Black Nasdaq Ross Gerber IPO Tesla Inc.
Spacex,Logo,On,A,Mobile,Phone,Screen,With,Spacex,Ceo

Economist Peter Schiff has cautioned against rushing to invest in the hype surrounding a stock, outlining Elon Musk-led Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) recent decline as an example.

SPCX Down Nearly 19% From IPO Value

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