Streetbeat News

SPCE

Virgin Galactic Holdings, Inc.

https://www.virgingalactic.com

Industry

Aerospace & Defense

Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company serves private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. was founded in 2017 is headquartered in Las Cruces, New Mexico. Virgin Galactic Holdings, Inc. was a former subsidiary of Virgin Orbit Holdings, Inc.

Open

6.60

Mkt cap

195M

Volume

1.3M

High

6.95

P/E Ratio

-0.42

52-wk high

54.60

Low

6.59

Div yield

N/A

52-wk low

5.26

U Power Limited (NASDAQ:UCAR) shares plummeted by 54% after announcing a follow-on offering of 10 million units at $1.20 each. EyePoint Pharmaceuticals (NASDAQ:EYPT), Hawaiian Holdings (NASDAQ:HA), and Alterity Therapeutics (NASDAQ:ATHE) saw significant gains following positive trial results, acquisition news, and conference presentations, respectively. SilverSun Technologies (NASDAQ:SSNT) surged after a $1 billion investment announcement. Other notable movers included Bit Brother (NASDAQ:BETS), Lucy Scientific Discovery (NASDAQ:LSDI), and View, Inc. (NASDAQ:VIEW). On the downside, NexImmune (NASDAQ:NEXI), Meta Materials (NASDAQ:MMAT), and Clean Earth Acquisitions Corp. (NASDAQ:CLIN) experienced substantial losses. Alaska Air Group (NYSE:ALK) announced plans to acquire Hawaiian Holdings, causing its own shares to drop by 15.1%.

Portfolio Pulse from Lisa Levin

December 04, 2023 | 6:10 pm

During Monday's intraday session, several industrial stocks experienced significant movements. Hawaiian Holdings (HA) saw a substantial increase of 187.2%, while View (VIEW) and Nxu (NXU) also saw notable gains. Mesa Air Group (MESA), Polar Power (POLA), and Intuitive Machines (LUNR) shares moved upwards as well. Conversely, BioNexus Gene Lab (BGLC), Applied UV (AUVIP), Alaska Air Group (ALK), Virgin Galactic Holdings (SPCE), ShiftPixy (PIXY), and Xos (XOS) experienced declines during the session.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 5:30 pm

U.S. stocks traded lower with the Dow Jones, NASDAQ, and S&P 500 all falling. U.S. factory orders decreased by 3.6% in October, more than the expected 2.8% decline. EyePoint Pharmaceuticals, Hawaiian Holdings, and SilverSun Technologies saw significant stock price increases due to positive company-specific news. Conversely, U Power, Meta Materials, and Virgin Galactic Holdings experienced substantial drops in their share prices. Gold and silver prices also fell, while oil saw a slight decrease.

Portfolio Pulse from Lisa Levin

December 04, 2023 | 5:21 pm

Virgin Galactic Holdings Inc (NYSE:SPCE) stock fell on Monday after reports that founder Richard Branson will not invest more money into the company. Branson cited post-Covid financial constraints on his Virgin business empire and believes Virgin Galactic, which recently announced a strategic realignment to preserve cash, has nearly $1 billion and should have sufficient funds to achieve its goals without further investment from him.

Portfolio Pulse from Adam Eckert

December 04, 2023 | 2:01 pm

Virgin Galactic's stock is trading lower after reports that founder Richard Branson will not invest further in the company.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 2:00 pm

Hawaiian Airlines (NASDAQ:HA) shares surged over 180% in pre-market trading following the announcement that Alaska Air Group, Inc. (NYSE:ALK) plans to acquire the company for $1.9 billion. The merger is expected to expand domestic and international options for customers. Other stocks showed significant movement in pre-market trading, with notable gainers including Hut 8 Mining Corp (NASDAQ:HUT) and Bit Brother Limited (NASDAQ:BETS), and losers such as NLS Pharmaceutics AG (NASDAQ:NLSP) and Panbela Therapeutics, Inc. (NASDAQ:PBLA).

Portfolio Pulse from Lisa Levin

December 04, 2023 | 1:00 pm

Alaska Air Group, Inc. (ALK) announced plans to acquire Hawaiian Holdings for $1.9 billion, causing ALK shares to drop 9.4% in pre-market trading. Other stocks experiencing pre-market declines include Virgin Galactic (SPCE), Trupanion (TRUP), SK Telecom (SKM), Avid Bioservices (CDMO), Orthofix Medical (OFIX), Genie Energy (GNE), and Nokia (NOK).

Portfolio Pulse from Lisa Levin

December 04, 2023 | 10:20 am

In Friday's pre-market session, several industrial stocks showed significant movement. BioNexus Gene Lab (BGLC) led the gainers with a 46.2% increase, while Virgin Galactic Holdings (SPCE) was among the losers with a 5.53% decline. Ideanomics (IDEX) also rose by 5.37% following their Q3 earnings release three days prior.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 1:06 pm

In Thursday's pre-market session, several industrial stocks showed significant movement. ESGL Holdings led the gainers with a 34.6% increase, while Emeren Group experienced the largest drop among the losers, declining by 16.0%. Notably, Deere's stock fell by 5.04% following their Q4 earnings release yesterday, and Emeren Group's decline followed their Q3 earnings release two days ago.

Portfolio Pulse from Benzinga Insights

November 23, 2023 | 1:05 pm

During Wednesday's intraday session, several industrial stocks experienced significant movements. Wheels Up Experience (UP) saw a 19.5% increase, while ESGL Holdings (ESGL) rose by 16.99%. ClearSign Technologies (CLIR), Xos (XOS), Energy Focus (EFOI), and Energous (WATT) also saw gains. Conversely, Erayak Power Solution Gr (RAYA), Emeren Group (SOL), Freightos (CRGO), Mynaric (MYNA), Tigo Energy (TYGO), and Virgin Galactic Hldgs (SPCE) experienced declines, with SOL and CRGO reacting to their Q3 earnings reports released the previous day.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 5:31 pm

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