Virgin Galactic to cut workforce by 18%

04:36pm, Wednesday, 08'th Nov 2023
Virgin Galactic Holdings on Wednesday announced a workforce reduction of approximately 185 employees, constituting about 18% of its workforce.
Virgin Galactic Holdings Inc. SPCE, -10.34% shares rose more than 10% in the after-hours session Wednesday after the space-tourism company narrowed its quarterly loss and doubled its revenue, topping
Virgin Galactic announced it is laying off an undisclosed number of employees in order to cut costs, saying high interest rates impacted the decision.
Virgin Galactic is cutting an unspecified number of jobs in an effort to preserve cash. Investors will learn more details when the company releases third-quarter results after markets close Wednesday.
Virgin Galactic (NYSE: SPCE ) layoffs are in the news Wednesday as the space travel company prepares to alter course and focus on its Delta Class spaceships. What we don't know is how many employees w
CEO Michael Colglazier tells employees that high interest rates and geopolitical unrest have made it harder to access near-term capital.
Sir Richard Branson's space tourism company, Virgin Galactic Holdings Inc (NYSE:SPCE), said it will lay off an unnamed number of staff due to the difficulty in raising new capital. Chief executive M
Commercial space-flight operator Virgin Galactic Holdings Inc. SPCE, +2.96% on Tuesday said it would be cutting staff and costs outside of its Delta spacecraft program, which it expects to bring lower
Without an infusion of cash, Virgin Galactic is going nowhere.
Let's not sugarcoat it – the topic of stocks to sell sucks. Obviously, with any talks about removing securities from your portfolio, you're dealing with other people's money and their aspirations.

Why Virgin Galactic Stock Just Dropped

04:40pm, Monday, 06'th Nov 2023
Virgin Galactic is giving up much of its gains from a successful launch last week. Earnings are due out on Wednesday.
Shares of Virgin Galactic Holdings Inc. SPCE, -8.62% pulled back 8.7% Monday, putting the stock on pace to snap a five-day winning streak and its largest single-day percentage decline since Oct. 9, wh

Why Virgin Galactic Stock Popped Today

02:54pm, Friday, 03'rd Nov 2023
Virgin Galactic rose after completing its sixth successful spaceflight in six months. The flight carried both a private astronaut and two scientists who performed on-board experiments.
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5 Most Active Penny Stocks Today, Time To Buy?

02:06pm, Thursday, 02'nd Nov 2023
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