Wall Street warms to SpaceX ahead of Nasdaq 100 inclusion
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Article Excerpt
Wall Street warms to SpaceX ahead of Nasdaq 100 inclusion
PURVI AGARWAL AND RASHIKA SINGH
REUTERS
PUBLISHED 2 HOURS AGO
UPDATED 1 HOUR AGO
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SpaceX’s (SPCX-Q) addition to the Nasdaq 100 index on Tuesday is expected to unleash-billions in passive buying, as brokerages kick off coverage of the USUS$2-trillion-plus rocket and satellite company with broadly bullish views.
Shares of the Elon Musk-led company were down 1.2 per cent in early premarket trading.
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