MikeTrendsTrends right now

✉news ScienceSpace first seen 21 h ago, last 2 h ago, peak #5

SpaceX Stock Rises After Morgan Stanley 'Cheap' Call

Original: SpaceX Stock Surges as Morgan Stanley Says Stock ‘Cheap and Getting Cheaper’

SpaceX shares moved higher after Morgan Stanley analysts told clients the stock is 'cheap and getting cheaper,' a comment that spread across financial news outlets including Investopedia and AOL. The endorsement from a major bank appears to have boosted investor confidence in Elon Musk's space company, with outlets framing the analyst note as a buying signal.

Why now: A prominent Morgan Stanley endorsement of SpaceX as undervalued is moving the stock and drawing investor attention.

SpaceXMorgan StanleyElon Musk

Open on news →

Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/1137278