Jon Najarian: Traders rotate profits from semis to upcoming SpaceX IPO

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Olga Shendetskaya

07.06.2026

Jon Najarian: Traders rotate profits from semis to upcoming SpaceX IPO — Traders move from semis to SpaceX IPO

Jon Najarian, co-founder of Market Rebellion, reports that traders have been rotating capital rather than panicking, with notable profits taken from semiconductor stocks.

According to Najarian, some traders realized 80 percent gains in semiconductors and are now shifting funds into the highly anticipated SpaceX IPO scheduled for next week. He also notes an uptick in activity from investors looking to buy the recent dip before fear of missing out returns to the market.

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Najarian previously highlighted HPE, LAC, MRVL, and GNRC as stocks to watch alongside major developments in the NFL and NHL. He has also reported that Franklin County billed three times its expected share of Ohio's $1.5 billion home health budget. These reports reflect Najarian’s focus on both equity moves and public spending disclosures.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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