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SpaceX Nasdaq-100 Inclusion Forces $4.3bn Passive Buy as Morgan Stanley Targets $300
Summary by CryptoNexa
2 Articles
2 Articles
Who invests in a Nasdaq-100-ETF, recently has SpaceX in the depot because Elon Musk's company has been given special rules. Is this market logic or manipulation?
·Frankfurt, Germany
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SpaceX Nasdaq-100 Inclusion Forces $4.3bn Passive Buy as Morgan Stanley Targets $300
The SpaceX Nasdaq-100 inclusion that takes effect around the July 6 close and July 7 open will compel passive funds to absorb an estimated $4.3 billion in SpaceX shares, according to JPMorgan, as a wave of Wall Street initiations led by Morgan Stanley’s street-high $300 base-case target lands simultaneously. Morgan Stanley’s Model: Massive Revenue Upside, Equally Massive Capital Needs Morgan Stanley initiated coverage with an Overweight rating a…
Coverage Details
Total News Sources2
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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