Why Astra Space Stock Just Came Crashing Down

Shares of small rocket builder Astra Space (NASDAQ: ASTR) crashed to earth on Wednesday, down 10% as of 12:15 p.m. ET.

In a short-selling announcement this morning, Kerrisdale Capital Management warned of what it termed an impending "dis-Astra" and urged investors to sell the  stock.

Image source: Getty Images.

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Source Fool.com