Geopolitics Alpha

Opinion: While the Odds of a SpaceX-Tesla Merger Are Climbing, Combining 2 Wrongs Won't Make a Right on Wall Street

Published . Updated .

GEOPOLITICS ALPHAOpinion: While the Odds of aSpaceX-Tesla Merger Are Climbing,Combining 2 Wrongs Won't Make a…SPCXTSLAGEOPOLITICS ALPHA

This report is about the broad US market.

Directly affected

  • SPCX Space Exploration Technologies-16.1% 17d

    Named in this report.

  • TSLA Tesla+6.6% 30d

    Named in this report.

Indirectly affected

  • DIA SPDR Dow Jones Industrial Average ETF-1.7% 30d

    SPDR Dow Jones Industrial Average ETF: it is a broad US stock-market fund. Linked by “wall street” (the broad US market) in this story.

  • QQQ Invesco QQQ-2.6% 30d

    Invesco QQQ: it is a broad US stock-market fund. Linked by “wall street” (the broad US market) in this story.

  • XLI Industrial Select Sector SPDR-1.5% 30d

    Industrial Select Sector SPDR holds the industrials sector that Space Exploration Technologies belongs to, so it often moves with news about it.

  • LMT Lockheed Martin+19.0% 30d

    Lockheed Martin is a peer of Space Exploration Technologies in guided missiles and space vehicles and parts; rivals often move on the same news.

  • RKLB Rocket Lab-21.7% 30d

    Rocket Lab is a peer of Space Exploration Technologies in guided missiles and space vehicles and parts; rivals often move on the same news.

  • KTOS Kratos Defense & Security Solutions-13.2% 30d

    Kratos Defense & Security Solutions is a peer of Space Exploration Technologies in guided missiles and space vehicles and parts; rivals often move on the same news.

  • MDA MDA Space+1.4% 14d

    MDA Space is a peer of Space Exploration Technologies in guided missiles and space vehicles and parts; rivals often move on the same news.

  • FLY Firefly Aerospace-21.4% 30d

    Firefly Aerospace is a peer of Space Exploration Technologies in guided missiles and space vehicles and parts; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SPCXNo price data for this ticker———————
TSLA-7.33%-3.13%base-0.25%-1.12%after closeafter close
DIANo price data for this ticker———————
QQQ-2.90%-1.86%base-1.64%-4.83%after closeafter close
XLINo price data for this ticker———————
LMTNo price data for this ticker———————
RKLBNo price data for this ticker———————
KTOSNo price data for this ticker———————
MDANo price data for this ticker———————
FLYNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Opinion: While the Odds of a SpaceX-Tesla Merger Are Climbing, Combining 2 Wrongs Won't Make a Right on Wall Street The Motley Fool

Source: The Motley Fool

This story

CompanyWhenMoveStatus
QQQthat day-1.64%final price
QQQthe next day-4.83%final price
QQQthree days earlier-1.86%final price
QQQfive days earlier-2.90%final price
TSLAthat day-0.25%final price
TSLAthe next day-1.12%final price
TSLAthree days earlier-3.13%final price
TSLAfive days earlier-7.33%final price

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This story

12 out of 100

“Opinion: While the Odds of a SpaceX-Tesla Merger Are Climbing, Combining 2 Wrongs Won't Make a Right on Wall Street” scores 12 out of 100. The score uses 1 sources.