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Steve Grasso, director of institutional sales at Grasso Global, indicated he remains long on SPCX and has increased his position. He also noted that active traders may find opportunities to benefit from the stock's significant price movements.
Last month, Grasso noted that SPCX had surpassed $175, triggering an early unlock with major indexes set to buy shares within 30 days. He has also confirmed a slightly positive position in SOUN in a recent update on his holdings at Grasso Global, according to a previous statement. These recent positions highlight Grasso’s active approach to tracking market developments.