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

Elon Musk's plan to colonize Mars through SpaceX faces several scientific challenges, including lack of sufficient carbon dioxide for terraforming, absence of a magnetic core to retain protective gases, and high radiation levels. Transporting humans to Mars is also a significant hurdle, with only 40% of Mars missions having successfully landed. Alphabet Inc owns a stake in SpaceX, and other publicly traded alternatives include Rocket Lab USA Inc, Virgin Galactic Holdings Inc, and ARK Space Exploration & Innovation ETF.

Portfolio Pulse from Adam Eckert

October 17, 2023 | 10:16 pm

Industrial stocks are experiencing a rise due to overall market strength as Treasury yields drop amid the Israel-Hamas conflict. Several stocks including AER, AGFY, AMRC, ARRY, AXON, AZUL, BKSY, BLDR, BLNK, CLVT, CNHI, DCFC, DFLI, ELWS, EVTL, FCEL, FLNC, FTCI, FVRR, IDEX, KSCP, LICY, MNTS, MVST, NRGV, NXT, OMEX, PGTI, PLUG, RKLB, RUN, SES, SGBX, SHLS, SOL, SPCE, SPWR, STEM, SWK, SYM, VRT, WATT may be impacted.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 5:32 pm

Virgin Galactic Holdings, Inc. (NYSE:SPCE) shares are recovering from a recent downward trend, trading nearly 15% higher on Tuesday. This comes after the company announced the completion of its fifth successful human space mission in five months. Despite the rise, the stock remains down more than 24% over the last month.

Portfolio Pulse from Erica Kollmann

October 10, 2023 | 5:20 pm

Virgin Galactic Holdings Inc (NYSE:SPCE) announced that its Galactic 04 spaceflight will take place on Oct. 6. The flight will include the first Pakistani space traveler. This will be the company’s fifth spaceflight this year and ninth spaceflight to date. Virgin Galactic commenced commercial spaceline operations in June this year.

Portfolio Pulse from Anan Ashraf

October 02, 2023 | 8:12 am

The article reports on the recent options activity in the Industrials sector. It mentions several US-listed companies including ChargePoint Holdings (CHPT), FedEx (FDX), Automatic Data Processing (ADP), American Airlines (AAL), Nikola (NKLA), Virgin Galactic (SPCE), Delta Air Lines (DAL), Snap-on (SNA), Boeing (BA), and 3M (MMM). The options activity ranges from bearish to bullish and neutral sentiments.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 5:35 pm

Virgin Galactic has approved inducement stock awards for new non-executive employees as part of their compensation package.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 5:20 am

Richard Branson, founder of Virgin Galactic Holdings Inc. (NYSE:SPCE), is supporting ProjectCETI, a research initiative that aims to use AI to communicate with whales. The project plans to transform Dominica's west coast into a whale-recording studio, capturing whale codas to train machine-learning algorithms. The goal is to create an AI model, dubbed 'ClickGPT', that can generate sequences of codas that whales would find convincing.

Portfolio Pulse from Ananya Gairola

September 15, 2023 | 2:43 am

Virgin Galactic Holdings, Inc (NYSE:SPCE) saw a 10% increase in its stock price before falling to near flat. The stock reached a new all-time low despite announcing four successful spaceflights in the last four months. The company's relative strength index (RSI) is at about 22%, indicating the stock is oversold. The recent downtrend started on June 21, with the stock plunging almost 70% since then. The stock has resistance above at $2.46 and $3.10 and support below at $1.86 and the psychologically important $1.50 mark.

Portfolio Pulse from Melanie Schaffer

September 14, 2023 | 7:09 pm

Several stocks recorded losses in Thursday's pre-market trading session. PureCycle Technologies (PCT) shares fell 14.6%, Ivanhoe Electric (IE) dipped 12.2% after pricing its public offering, IBEX Limited (IBEX) declined 11.1% following downbeat Q4 results and weak FY24 revenue outlook, Vital Energy (VTLE) fell 8.4% after announcing a public offering and plans for senior notes, Amprius Technologies (AMPX) declined 7%, Autoliv (ALV) fell 4.4%, and Virgin Galactic (SPCE) declined 2.6%.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 10:06 am

Virgin Galactic Holdings, Inc. (NYSE:SPCE) shares are trading lower, extending its losses with a 54.14% decline over the past three months. Despite the downward trend, the company recently announced its fourth successful spaceflight in the past four months. The stock fell 5.12% at $1.95 at the time of publication.

Portfolio Pulse from Ryan Gustafson

September 13, 2023 | 6:41 pm

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