One of the biggest fears that are plaguing the minds of everyone, besides the crazy volatility of the market is the Coronavirus and how the virus is even more of a concern to the elderly. Lately it seems that a lot of people are making quick and rash decisions with their insurance because of panic and a looming uncertainty of how long this virus will last. However, at The Financial Guys, we are taking every step to make sure your needs are met. Charlie Sperrazza is one of our advisors that specializes in life insurance. He has a message for you that you need to listen. He is there to help with your insurance needs. If you want to speak with him, give us a call at 716-633-1515 or 833 FIN GUYS. Listen to his message below.
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.
