Space Stocks (NASDAQ: ASTS), (NASDAQ: RKLB), (NYSE: SPCE), (NYSE: RDW) Face Bearish Pressure As Jefferies Positions For SpaceX Short Trade

Space stocks extended a multi-session selloff heading into Wednesday as investors weighed growing bearish interest surrounding SpaceX’s blockbuster IPO and its 1.8 trillion valuation. The decline followed a brutal prior session in which shares of AST SpaceMobile (NASDAQ: ASTS), Rocket Lab (NASDAQ: RKLB), Virgin Galactic (NYSE: SPCE), and Redwire (NYSE: RDW) each plunged as much [] The post Space Stocks (NASDAQ: ASTS), (NASDAQ: RKLB), (NYSE: SPCE), (NYSE: RDW) Face Bearish Pressure As Jefferies Positions For SpaceX Short Trade appeared first on Foreign Policy Journal.
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