finance
S&P 500 Falls 1.25 Percent While SpaceX Shares Rise Above IPO Price
Nvidia shares declined about 3 percent on June 23 while Amazon and Meta shares fell slightly. The S&P 500 index dropped 1.25 percent and chipmaker stocks also declined.
Jun 23, 11:50 AM·1m read2 sources
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Nvidia shares fell approximately 3 percent on June 23. Amazon and Meta shares declined slightly the same day. The S&P 500 index fell 1.25 percent. Shares of SK Hynix and Samsung declined. Chipmaker stocks fell overall.
Apple, Microsoft, Alphabet, Amazon, Broadcom, Meta, and Nvidia together represent 32 percent of total U.S. stock market capitalization. SpaceX began public trading under the ticker SPCX after June 12.
The shares opened at approximately $160 per share, rose above $200, and returned near the IPO price by June 23.
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