SpaceX (SPCX) Slides 6% Despite Analyst Buying Wave As Lockup Fears Drag Rocket Lab (RKLB), AST SpaceMobile (ASTS), And Virgin Galactic (SPCE) Lower
Shares of SpaceX (NASDAQ: SPCX) fell 6% to around $151 in midday Tuesday trading, an unusual response to a flood of bullish analyst initiations and the company’s addition to the NASDAQ 100. The broader space sector fell with SpaceX, suggesting the pullback reflects something deeper than company-specific concerns hitting the tape. AST SpaceMobile (NASDAQ: ASTS)…