SpaceX's First-Ever Losing Streak: Stock Falls 2nd Day
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- SpaceX stock declined for a second consecutive session on a volatile Thursday, with Barron's framing the slide as a plunge that occurred even as analysts issued two bullish price targets
- The two-day skid is SpaceX's first-ever losing streak in its short history as a publicly traded company, per the Barron's piece by Al Root
Why it matters: Two straight down days is a trivial move for most stocks, but for SpaceX — whose public trading history is so short that Wednesday's loss was its first-ever single-session decline — the streak is technically unprecedented and symbolically significant for a name that had traded one-directionally since its listing.
