New York, 22 June (LaPresse/AP) – High yields are weighing on investments considered more expensive, increasing the pressure on companies that have seen meteoric growth thanks to enthusiasm for artificial intelligence technology. SpaceX is down just under 10 per cent on Wall Street, falling towards $165. It is heading for its third consecutive loss following a three-day surge since its US stock market debut, when it initially sold its shares at $135 each.
SpaceX falls on Wall Street: down nearly 10%
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New York, 22 June (LaPresse/AP) – High yields are weighing on investments considered more expensive, increasing the pressure on companies that have seen meteoric growth thanks to enthusiasm for artificial intelligence technology. SpaceX is down just under 10 per cent on Wall Street, falling towards $165. It is heading for its third consecutive loss following a three-day surge since its US stock market debut, when it initially sold its shares at $135 each.
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