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Space(notX) is the biggest loser today
Investor summaryBearish
Space-related stocks suffered heavy losses today, largely due to having Space in their names rather than fundamental reasons.
Bear points
- Stocks with 'Space' in their names are experiencing significant sell-offs.
- Space-related companies are being punished by the market today regardless of their actual fundamentals.
Post body
Looks like besides the SpaceX biggest losers today were other space-related companies - often only by name.
Top 3 worst performing stocks today all have Space in the name:
- FLY - Firefly Areospace
- YSS - York Space systems
- AS**TS - AST Space**Mobile.
Several other companies have space related tickers or names:
- VYOG - Voyager Technologies
- LUNR - Intuitive Machines
- SATS - EchoStar Corporation
- RKLB - Rocket Lab Corporation
- MDA - MDA Space Ltd.
and of course let's not forget about SPCE :)
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