SPCX Breaks Below $150 IPO Opening Price, Down 17.44% in 24 Hours

According to Odaily citing Hyperliquid data, SPCX dropped to $148.34 in premarket trading on June 23, breaking below its $150 IPO opening price and declining 17.44% over 24 hours. If the stock remains below $150 when U.S. markets open on June 23, all secondary market investors holding SPCX would face losses.
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