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Retail investors buy SpaceX shares after first earnings report

The stock slid following the company’s first earnings release, but retail investors stepped in as shares traded lower ahead of potential new supply.

Reported · Written up by our desk · Equities

Retail investors turned to buying more shares of SpaceX after the company released its first earnings report, even as the stock fell on the news.

MarketWatch said retail trading activity accelerated Wednesday, with investors stepping in aggressively while the shares were down.

The pullback followed the initial earnings release, which contributed to the stock’s decline and set the stage for the subsequent retail buying.

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