Classic ticker confusion strikes again. Someone fat-fingered $SPCE thinking they were buying $SPCX and now the panic selling begins.
This happens more than you'd think. Retail piles into the wrong ticker, realizes the mistake hours or days later, then dumps it. The stock moves on pure confusion, not fundamentals.
Reminder: always double-check the ticker before you hit buy. Especially with similar names or hot new launches. And if you see random volume spikes with no news? Could just be someone else's expensive typo.
Markets are efficient, they said.