Line chart of SpaceX stock since its June 12 debut. It hit a closing high of $201.80 on June 16, fell to $108.27 on August 5 and closed at $147.96 on October 19, 26.7% below the high

SpaceX (SPCX) stock closed at $147.96 on Monday, 26.7% below its closing high of $201.80 from Tuesday, June 16.

The company reports third-quarter results after the close on Tuesday.

It last reported on Tuesday, August 4, with second-quarter results.

The stock closed at $160.95 on its first trading day, Friday, June 12.

It bottomed at a $108.27 close on Wednesday, August 5.

Here is where Monday's close leaves SpaceX.

  • Versus the June 16 closing high -26.7%

  • Versus the first-day close -8.1%

  • Versus the August 5 closing low +36.7%

Its report lands in a busy week of tech earnings.

Tuesday night will show whether the summer selling went too far.

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Phil Rosen
Phil Rosen

Phil Rosen is co-founder and CEO of Opening Bell Media and chief market strategist for Silvia Inc. (NASDAQ: SVIA). He hosts Full Signal and writes Opening Bell Daily — the markets briefing read by over 200,000 investors and published on Bloomberg Terminals — and has also published two books and won a Fulbright award for his reporting. Contact him at [email protected].

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