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British billionaire alarms investors by stating space tourism company has enough cash to operate ‘on its own'
Shares of Virgin Galactic (NYSE: SPCE ) stock are plummeting lower after founder and billionaire Sir Richard Branson stated that he would no longer invest any further into the company. This comes afte
Space is the final frontier — and it looks to stay that way after Richard Branson ruled out further investment in Virgin Galactic (NYSE: SPCE ), his troubled space tourism company. Shares of SPCE st
SPCE stock tumbled early Monday after billionaire investor Richard Branson ruled out further investments in Virgin Galactic.
Shares of space-tourism pioneer Virgin Galactic plummeted after founder Richard Branson said he wouldn't put more money into the company.
Shares of Virgin Galactic Holdings Inc. SPCE, +4.93% fell 14.1% in premarket trades Monday after founder Sir Richard Branson ruled out further investment in the space-tourism company. In an interview
Virgin Galactic shares plunged more than 14% in premarket trade on Monday after British billionaire Richard Branson ruled out further investment in the company.
Virgin Galactic was a hyped-up space economy start-up in 2021. Its shares are down 96% from their all-time high.
Stocks priced under $5 per share, commonly known as penny stocks , attract traders looking for quick financial gains. Their affordable price points make them accessible to investors with smaller budge
Virgin Galactic shares initially got a boost due to problems experienced by SpaceX, but the gains were short-lived. The stock was downgraded midweek due to a lack of catalysts in the near future.
Virgin Galactic was downgraded to underweight at Morgan Stanley, and its price target was slashed. The company is finally doing commercial flights, but has indicated it will slow the pace of those fli
Shares of Virgin Galactic Holdings Inc. tumbled 8.2% Wednesday after Morgan Stanley downgraded the stock to underweight.
Shares in space company Virgin Galactic (NASDAQ: SPCE ) fell nearly 5% overnight after Morgan Stanley gave SPCE stock an “underweight” rating. The company has been trying to conduct “space touri
Shares of Virgin Galactic Holdings Inc. SPCE are down 5.1% Tuesday, putting the stock on pace to snap a two-day winning streak. The private spaceflight company's shares rose with other space stocks ea

Why Virgin Galactic Stock Popped This Morning

12:19pm, Monday, 20'th Nov 2023
A SpaceX test flight of its Starship launch vehicle ended in double explosions in space over the weekend. SpaceX has plans to use Starship to carry tourists to space -- among other uses.
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