Analysts are still bullish on SpaceX shares after Nasdaq inclusion. Here is what that means for ASX investors

SpaceX Is Now a Member of the Nasdaq-100: Here's What History Says Happens Next

Here's how new entrants have performed relative to the rest of the index over the last six years.

SpaceX Nasdaq-100 Inclusion Triggers $4.3bn QQQ Buy as Float Stays Thin

The SpaceX Nasdaq-100 inclusion, scheduled for the open on 7 July, is set to force at least $4.3 billion in compulsory purchases from QQQ alone, with total passive inflows across all Nasdaq-100 tracking funds potentially reaching $27 billion, according to a LinkedIn news summary citing Reuters. The JPMorgan $4.3 billion figure referenced in most coverage applies specifically to the Invesco QQQ Trust; the broader tracker universe could dwarf it. …

Analysts are still bullish on SpaceX shares after Nasdaq inclusion. Here is what that means for ASX investors

SpaceX joined the Nasdaq-100 and analysts are still bullish. Here is what that means for Australian investors who already own it. The post Analysts are still bullish on SpaceX shares after Nasdaq inclusion. Here is what that means for ASX investors appeared first on The Motley Fool Australia.