SpaceX stock drops to $147.11 after debut
SpaceX stock has fallen to $147.11 after its initial public offering. The stock had rebounded but remains below its opening day’s closing price of $160.95.
Howmet Aerospace and TransDigm Group are alternatives with strong earnings-per-share growth. Howmet’s EPS have risen by over 540% in the past five years.
Howmet reported revenue of $2.3 billion in the first quarter, up 19% year over year, and earnings per share of $1.44, up 71%.