4 ms·
10% drop 1 month after IPO is normal for a stock. It doesn't mean it's heading for junk bond status.
by charcircuit 3mo ago
10% drop 1 month after IPO is normal for a stock. It doesn't mean it's heading for junk bond status.
- eigenspace 3mo agoBonds are not the same thing as stocks.
- me_again 3mo agoStocks and bonds are different things, and the bond issue is separate from the IPO. Both are ways for companies to raise money, SpaceX did both. This thread's nominally about the bond, but for some reason everyone's talking about the stock.