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SpaceX Drops 14% in One Day, Price Now Below IPO Launch
(finance.yahoo.com)
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Huh? $154 at close, how is that "below" a $135 IPO launch price?
150 opening price, 164 close that day. Maybe that's what they meant.
I think I this is talking about when the stock was generally available vs its "IPO". The general public could start buying the stock on Friday June 12th. From what I can see the price opened around $160 on Friday (seems like somewhere between $150-160).
The $135 price wasn't available to everyone.
Math and headlines. Enemies since the dawn of print.