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SpaceX Slides Amid Tech Selloff; AMC Tumbles on Share Sale | Stock Movers
On this episode of Stock Movers with Nathan Hager: - Space X (SPCX) is heading towards its fourth day of losses, and is currently above its lowest trading price ($149.34 on its IPO) as it continues to approaching that figure. - IBM (IBM) shares are climbing on news that the company and Open AI are bringing AI to cyber defense. - AMC Entertainment (AMC) shares are lower after the movie theater operator entered into a definitive agreement with institutional investors to sell 95.25 million shares of its common stock for gross proceeds of around $200 million. (Source: Bloomberg)
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