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Virgin Galactic also noted that its cash burn rate accelerated to $118 million in the quarter, which isn't great news. On the plus side, the company has $744 million in cash and equivalents.
Down 30% year-to-date, space tourism company Virgin Galactic’s (NYSE:SPCE) stock looks like its grounded. Source: Brian Friedman / Shutterstock.com SPCE stock is now trading at $9.40 a share ...
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of June 10, 2024. Travis Hoium has positions in Virgin Galactic ...
Virgin Galactic stock skyrocketed almost 20% to settle at $1.86 per share on Thursday after the commercial space travel company announced it would cut 18% of its workforce and shift focus to a new ...
Virgin Galactic (NYSE:SPCE) has had anything but a great start to 2022. In 2021, SPCE stock peaked to as high as $62 on speculation of potential space travel developments. During that year, Virgin ...
Virgin Galactic was founded in 2004 by British entrepreneur Sir Richard Branson, who had previously founded the Virgin Group and the Virgin Atlantic airline, and who had a long personal history of balloon and surface record-breaking activities. As part of Branson's promotion of the firm, he has added a variation of the Virgin Galactic livery to ...
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The shares of Virgin Galactic are down by more than 2% today after the company announced a delay in its next SpaceShipTwo mission until the middle of October.