$Sidus Space(SIDU.US) fell -13%, leading the decline in commercial aerospace today; Momentus and Virgin Galactic also fell six or seven points😭. This sector is usually driven by launch schedules and contract milestones, and is prone to gradual declines when there are no new catalysts. With today's contraction in overall market risk appetite, high-beta small-cap aerospace stocks were all pushed down. Those holding them will probably just have to hold on until the next launch or contract milestone.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
