Maknology
05-25
Best stock to buy now once listed
SpaceX Receives CFRA's Sell Rating: Has the Frenzy Peaked?
SpaceX shares still gained 4.83% today, holding above $200, but Wall Street's sell rating has landed, with CFRA analysts warning current valuations have decoupled from fundamentals. Even Reddit retail traders joke that 'nobody is buying SPCX on fundamentals.' After surging dramatically since listing, shares gave back gains sharply intraday as bulls citing a '$2 trillion narrative that has left Earth' clashed with the first short call. With the first sell rating now on record, how much longer can retail euphoria hold — will you keep chasing, or start taking profits?
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