{"slug":"spcx-decline-from-peak","qid":"spreads","label":"Stock quote spread and depth by session: the four weeks from listing and the trailing three","post_title":"SPCX: SpaceX Stock Price Decline From Peak","post_url":"/blog/spcx-decline-from-peak#q-spreads","columns":["session_date","session_label","avg_spread_bps","avg_depth","dropped_invalid"],"rows":[{"session_date":"2026-06-12","session_label":"Jun 12","avg_spread_bps":10.74,"avg_depth":9506,"dropped_invalid":24988},{"session_date":"2026-06-15","session_label":"Jun 15","avg_spread_bps":5.19,"avg_depth":2367,"dropped_invalid":8411},{"session_date":"2026-06-16","session_label":"Jun 16","avg_spread_bps":7.14,"avg_depth":1478,"dropped_invalid":7679},{"session_date":"2026-06-17","session_label":"Jun 17","avg_spread_bps":8,"avg_depth":1079,"dropped_invalid":4348},{"session_date":"2026-06-18","session_label":"Jun 18","avg_spread_bps":3.97,"avg_depth":861,"dropped_invalid":10114},{"session_date":"2026-06-22","session_label":"Jun 22","avg_spread_bps":2.53,"avg_depth":5530,"dropped_invalid":3898},{"session_date":"2026-06-23","session_label":"Jun 23","avg_spread_bps":3.44,"avg_depth":4657,"dropped_invalid":4050},{"session_date":"2026-06-24","session_label":"Jun 24","avg_spread_bps":6.55,"avg_depth":241,"dropped_invalid":1970},{"session_date":"2026-06-25","session_label":"Jun 25","avg_spread_bps":5.63,"avg_depth":240,"dropped_invalid":1335},{"session_date":"2026-06-26","session_label":"Jun 26","avg_spread_bps":4.34,"avg_depth":825,"dropped_invalid":2960},{"session_date":"2026-06-29","session_label":"Jun 29","avg_spread_bps":4.54,"avg_depth":331,"dropped_invalid":2280},{"session_date":"2026-06-30","session_label":"Jun 30","avg_spread_bps":4.41,"avg_depth":320,"dropped_invalid":1227},{"session_date":"2026-07-01","session_label":"Jul 1","avg_spread_bps":3.42,"avg_depth":312,"dropped_invalid":3839},{"session_date":"2026-07-02","session_label":"Jul 2","avg_spread_bps":4.5,"avg_depth":319,"dropped_invalid":1411},{"session_date":"2026-07-06","session_label":"Jul 6","avg_spread_bps":3.82,"avg_depth":384,"dropped_invalid":2449},{"session_date":"2026-07-07","session_label":"Jul 7","avg_spread_bps":4.18,"avg_depth":3265,"dropped_invalid":3394},{"session_date":"2026-07-08","session_label":"Jul 8","avg_spread_bps":4.81,"avg_depth":456,"dropped_invalid":2013},{"session_date":"2026-07-09","session_label":"Jul 9","avg_spread_bps":4.72,"avg_depth":328,"dropped_invalid":1485},{"session_date":"2026-07-10","session_label":"Jul 10","avg_spread_bps":3.6,"avg_depth":685,"dropped_invalid":3692},{"session_date":"2026-07-30","session_label":"Jul 30","avg_spread_bps":4.68,"avg_depth":289,"dropped_invalid":2355},{"session_date":"2026-07-31","session_label":"Jul 31","avg_spread_bps":3.42,"avg_depth":372,"dropped_invalid":11475},{"session_date":"2026-08-03","session_label":"Aug 3","avg_spread_bps":4.61,"avg_depth":807,"dropped_invalid":1661},{"session_date":"2026-08-04","session_label":"Aug 4","avg_spread_bps":4.27,"avg_depth":351,"dropped_invalid":3038},{"session_date":"2026-08-05","session_label":"Aug 5","avg_spread_bps":2.99,"avg_depth":1920,"dropped_invalid":8104},{"session_date":"2026-08-06","session_label":"Aug 6","avg_spread_bps":3.12,"avg_depth":809,"dropped_invalid":7466},{"session_date":"2026-08-07","session_label":"Aug 7","avg_spread_bps":4.42,"avg_depth":499,"dropped_invalid":7362},{"session_date":"2026-08-10","session_label":"Aug 10","avg_spread_bps":4.2,"avg_depth":423,"dropped_invalid":6043},{"session_date":"2026-08-11","session_label":"Aug 11","avg_spread_bps":3.73,"avg_depth":352,"dropped_invalid":4481},{"session_date":"2026-08-12","session_label":"Aug 12","avg_spread_bps":3.54,"avg_depth":492,"dropped_invalid":4956},{"session_date":"2026-08-13","session_label":"Aug 13","avg_spread_bps":2.91,"avg_depth":395,"dropped_invalid":10457},{"session_date":"2026-08-14","session_label":"Aug 14","avg_spread_bps":3.16,"avg_depth":763,"dropped_invalid":3878},{"session_date":"2026-08-17","session_label":"Aug 17","avg_spread_bps":3.03,"avg_depth":374,"dropped_invalid":5839},{"session_date":"2026-08-18","session_label":"Aug 18","avg_spread_bps":2.96,"avg_depth":334,"dropped_invalid":5924}],"shape":"series","sql":"SELECT\n    toDate(toTimeZone(sip_timestamp, 'America/New_York')) AS session_date,\n    formatDateTime(toDate(toTimeZone(sip_timestamp, 'America/New_York')), '%b %e') AS session_label,\n    round(avgIf((toFloat64(ask_price) - toFloat64(bid_price)) / ((toFloat64(ask_price) + toFloat64(bid_price)) / 2) * 10000, bid_price > 0 AND ask_price > bid_price), 2) AS avg_spread_bps,\n    round(avgIf((toFloat64(ask_size) + toFloat64(bid_size)) / 2, bid_price > 0 AND ask_price > bid_price), 0) AS avg_depth,\n    countIf(NOT (bid_price > 0 AND ask_price > bid_price)) AS dropped_invalid\nFROM global_markets.cache_stocks_quotes\nWHERE ticker = 'SPCX'\n  AND sip_timestamp < now()\n  AND ((sip_timestamp >= '2026-06-12 00:00:00' AND sip_timestamp < '2026-07-11 00:00:00')\n       OR sip_timestamp >= now() - INTERVAL 21 DAY)\n  AND (toHour(toTimeZone(sip_timestamp, 'America/New_York')) * 60 + toMinute(toTimeZone(sip_timestamp, 'America/New_York'))) BETWEEN 570 AND 959\nGROUP BY session_date, session_label\nHAVING countIf(bid_price > 0 AND ask_price > bid_price) > 0\nORDER BY session_date","computed_at":"2026-08-20T13:22:07.765422+00:00","elapsed":12.080206218}