SPCX Slumps 22% Below IPO; General Mills Offers 6.3% Yield
After a $75 billion IPO and a short-lived pop, SpaceX stock has fallen to $126, well below its debut price. Meanwhile, General Mills pays a 6.3% dividend and trades at a steep discount to historical valuation multiples. This analysis contrasts speculative growth with defensive income in today’s risk-averse market.
Source: Selena Maranjian (us) · finance.yahoo.com