SPCX opened at $160.95. It's now at $158.63.

S&P 500 one month ago was at $7,600. It's now at $7,500.

DJIA one month ago was at $51,078. It's now at $52,334.

These numbers are what this economy doomer porn article is based upon. Does that seem reasonable?

An IPO trading under its offer price after less than a month and before most lockups expire is never a good thing. This is especially true for an IPO that only floated 4% of it's stock.