Asteria — indicated higher; SpaceX surges in after-hours trading following earnings release (Traders Web)

The story

Asteria attracted indicated buying interest as SpaceX's surge in after-hours trading was viewed as a catalyst.

SpaceX released its earnings after the close of the US market. July-September revenue exceeded market expectations, and quarterly net income also turned positive. The shares rose in after-hours trading as a result.

Asteria holds SpaceX shares, prompting buying based on expectations of an improvement in its investment gains and losses.

At a glance

After-hours tradingSpaceX surged after hours, providing a catalyst for buying interest in Asteria.

EarningsSpaceX reported quarterly results showing July-September revenue above market expectations and a return to net profitability.

GainUp approximately 8% after hours.

Background to the holdingAsteria holds SpaceX shares and expects an improvement in investment gains and losses.

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