KBH earnings sent homebuilders higher. F topped $100B in market cap. TPG rose in its post-IPO debut. SPCE fell on a note offering. GRWG set a fresh low on reduced guidance.
The broader market fell sharply as well.
Virgin Galactic Holdings (SPCE) is down 16.69% and traded at a new low of $10.10 earlier in the session. Read more.
American Airlines Group (AAL) +6%, Spirit Airlines (SAVE) +6%, Virgin Galactic SPCE -17% , OceanPal (OP) -11%,
New York (CNN Business)Shares of Virgin Galactic the space tourism company that carried its billionaire founder, Richard Branson, to the edge of space last summer took a major price hit on Thursday after the company announced it''s raising as much as half a billion dollars in debt.
Virgin Galactic Holdings Inc (NYSE:SPCE) shares are trading lower Thursday after the company announced proposed convertible senior notes offering. Virgin Galactic intends to make available $425 mill
Virgin Galactic Holdings Inc. stock on Thursday looked poised to close at its lowest in two years after the company announced plans to issue more debt to fuel its space-tourism business.
Shares of Virgin Galactic fell in trading on Thursday after the company announced plans to raise up to $500 million in debt.

Virgin Galactic Fell Today -- Is It a Buy?

01:03pm, Thursday, 13'th Jan 2022
The stock has lost much of its value in recent months. Is it time to give this space tourism start-up a fresh look?
The stock traded around its lowest since March 2020, with the plan to raise convertible debt stoking dilution concerns.

Virgin Galactic to raise $425M in convertible senior notes offering

12:48pm, Thursday, 13'th Jan 2022 Seeking Alpha
Virgin Galactic (SPCE) trades 7.4% down premarket after it announced its intention to offer $425M principal amount of convertible senior notes due 2027 in a private
Shares of Virgin Galactic are down more than 15% after the company issued senior convertible notes. How will this affect SPCE stock?
Shares of Virgin Galactic — the space tourism company that carried its billionaire founder, Richard Branson, to the edge of space last summer — took a major price hit on Thursday after the company
The stock price of Virgin Galactic Holdings Inc (NYSE: SPCE) fell by over 16% during intraday trading today. This is why it happened.
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