BUZZ-Virgin Galactic, with ticker SPCE, soars 25% ahead of SpaceX IPO

Space Exploration Technologies
Rocket Lab
Virgin Galactic

Space Exploration Technologies

SPCX

0.00

Rocket Lab

RKLB

0.00

Virgin Galactic

SPCE

0.00

** Shares of Virgin Galactic SPCE. surging 25% on Thurs ahead of SpaceX's SPCX.O IPO, with both cos sharing very similar tickers

** Participants in Reddit's wallstreetbets trading forum for weeks have said they were buying SPCE on bets that the stock will get lift from investors confusing it with SPCX and mistakenly buying it following the SCPX IPO

** WIth Thur's rally, SPCE now up >130% since May 20

** Satellite launcher Rocket Lab RKLB.O, whose ticker does not resemble SPCX, up 7% on Thur and up 37% since early May


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.