U.S. Stock Movement | SpaceX (SPCX.US) falls over 3% after three consecutive days of gains.

According to the Zhitong Finance App, on Tuesday, SpaceX (SPCX.US) fell over 3% after three consecutive days of gains, now priced at $134.54. The company's stock closed up 4.23% on Monday at $138.74, marking the first time since July 16 that it closed above the IPO issue price of $135. According to market data analysis firm Vanda Research, retail traders net sold $4.5 million worth of SpaceX shares on August 7, marking the first recorded net sell by retail investors since the company's listing on June 12. Industry insiders point out that retail investors play a key role in the public market trading of SpaceX: during the listing process, SpaceX retained at least 20% to 30% of the stock for retail buyers, significantly higher than the typical 5% to 10% ratio.