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SpaceX shares fell 6.83%, dropping below its opening price on its first day of trading.

PANews reported on July 8th that, according to Jiemian News, SpaceX closed at $149.47 on July 7th (Eastern Time), a sharp drop of 6.83% for the day. The stock price fell as low as $149.09 during the session, marking a new low since its Nasdaq listing on June 12th and falling below its opening price of $150 on its first day of trading, though still above its IPO price of $135. This occurred on the same day as the stock's official inclusion in the Nasdaq 100 index, which should have been a positive window for passive capital inflows. However, the stock price moved in the opposite direction, compounded by a broader market correction in tech stocks, pushing the stock into a deep correction phase.
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07-07 03:34Important

Midday Review: Shanghai Composite Index falls over 1%, dropping below 4000 points; Trading volume in both Shanghai and Shenzhen markets shrinks by over 570 billion yuan in the first half of the day.

According to Mars Finance, the market fluctuated and adjusted in the morning session, with the Shanghai Composite Index falling below the 4,000-point mark. The divergence between the yellow and white lines was obvious, with small and mid-cap stocks generally declining, and the micro-cap index falling by more than 3%. The combined turnover of the Shanghai and Shenzhen stock exchanges in the first half of the day was 1.63 trillion yuan, a decrease of 575.7 billion yuan compared to the previous trading day. Market hotspots were scattered, with over 4,700 stocks declining across the market. In terms of sectors, the semiconductor industry chain bucked the trend and strengthened, with semiconductor silicon wafer concepts performing actively, and Yanyou Silicon hitting the 20cm daily limit. The computing power chip concept fluctuated and rose, with Muxi Shares rising over 15%, and Wantong Development achieving two consecutive daily limits. The advanced packaging concept fluctuated and rebounded, with Dagang Shares and Huatian Technology hitting the daily limit. On the downside, the innovative drug concept fluctuated and declined, with Hainan Haiyao hitting the daily limit down. The non-ferrous metals sector weakened, with Huaxi Nonferrous Metals hitting the daily limit down, and Xiaocheng Technology, Hunan Baiyin, and many other stocks falling sharply. At the close, the Shanghai Composite Index fell 1.04%, the Shenzhen Component Index fell 1.02%, and the ChiNext Index fell 0.78%. (Cailian Press)

07-08 01:26

Ruwei Technology's stock price fell nearly 17% on its first day of trading on the Hong Kong Stock Exchange, closing at HK$18 per share.

Mars Finance reported on July 8th that Ruwei Technology's stock price fell nearly 17% on its first day of trading on the Hong Kong Stock Exchange, closing at HK$18 per share. (Science and Technology Treasure Broadcast)

07-07 08:04

SpaceX shares fell 1.2% in pre-market trading after being included in the Nasdaq 100 index.

According to Mars Finance, citing Jinshi, SpaceX shares fell 1.2% in pre-market trading after the company's stock was included in the Nasdaq 100 index and several brokerages began covering the stock.

07-07 23:45

Gold fell below $4,100 per ounce, while both WTI and Brent crude oil prices surged by 5%.

According to BlockBeats, on July 8th, based on Bitget market data, with renewed tensions between the US and Iran, Brent crude oil surged 5.00% intraday, currently trading at $75.67 per barrel. WTI crude oil rose above $72 per barrel, also up 5.00% intraday. Spot gold fell below $4100 per ounce, down 1.54% intraday.

07-07 14:43Important

Micron Technology's stock price fell below $900, a drop of 9.09%.

According to data from Odaily Odaily, Micron Technology's stock price has fallen below $900, currently trading at $895.25, a drop of 9.09%.

07-07 13:32Important

At the opening of the US stock market, the Dow Jones Industrial Average rose 0.09%, while the Nasdaq Composite Index fell 0.6%.

According to Mars Finance, Gate.com data shows that at the opening of the US stock market, the Dow Jones Industrial Average rose 0.09%, the S&P 500 fell 0.22%, and the Nasdaq Composite fell 0.6%. Chip stocks continued their pullback, with SanDisk down 6.5%, Western Digital down 6.7%, and Micron Technology down 6.07%. SpaceX was officially included in the Nasdaq 100 index today, and its stock price fell 1.7%.