The stock market has seen its fair share of ups and downs since the start of 2020. However, the tech industry continues to dominate, despite the ever-volatile market. Paul Meeks is a guest on CNBC’s Squawk Box to discuss big tech valuations and the themes driving the tech industry. Watch the interview to get the latest news on big tech and its impact on the markets.
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The Financial Guys’ Annual Client Appreciation Event: Another Unforgettable Night
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The SpaceX IPO: What It Means for Your Portfolio
SpaceX went public on June 12th, listing on the Nasdaq under the ticker SPCX. At roughly a $1.77 trillion valuation on its offering price, it was the largest initial public offering in market history, more than triple the previous U.S. record. For anyone who owns U.S. equities, it is worth understanding how the stock fits into the major indexes and what that means for the holdings you already own.
This breakdown covers the price action, trading volume, index flows, and the outlook over the coming months and years.