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

Japan is considering purchasing Starlink satellite systems from SpaceX to enhance its communication capabilities amid rising tensions over Taiwan. The Starlink system has been a critical communication system for the Ukrainian military and could provide a similar advantage in a potential conflict over Taiwan. This comes as Chinese President Xi Jinping intensifies military pressure on Taiwan.

Portfolio Pulse from Benzinga Newsbot

July 01, 2023 | 3:20 am

Virgin Galactic's shares are trading lower after the company's first commercial space launch.

Portfolio Pulse from Benzinga Newsdesk

June 30, 2023 | 7:41 pm

During Friday's intraday session, several industrials stocks experienced significant movement. Gainers included Nikola (NKLA), Team (TISI), Momentus (MNTS), and FTC Solar (FTCI). Losers included VCI Global (VCIG), Freightos (CRGO), Virgin Galactic Hldgs (SPCE), American Rebel Holdings (AREB), 1847 Holdings (EFSH), and View (VIEW).

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 5:37 pm

During Thursday's intraday session, several industrial stocks experienced significant movement. Greenbrier Companies (GBX), Franklin Covey (FC), FREYR Battery (FREY), 1847 Holdings (EFSH), Spire Global (SPIR), and Team (TISI) saw their shares rise, with Greenbrier leading the gainers with a 27.7% increase. On the other hand, Knightscope (KSCP), Virgin Galactic Hldgs (SPCE), Ideanomics (IDEX), Ault Alliance (AULT), DSS (DSS), and Mega Matrix (MPU) saw their shares decline, with Knightscope leading the losers with a 12.4% decrease.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 5:37 pm

Virgin Galactic's shares are trading lower after the company's first commercial space launch.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 3:52 pm

Virgin Galactic's spacecraft has successfully landed after its first commercial spaceflight. This marks a significant milestone for the company and the commercial spaceflight industry.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 3:49 pm

Virgin Galactic Holdings, Inc. (NYSE:SPCE) shares are experiencing volatility as the company prepares for its first commercial space launch, 'Galactic 01'. The company's shares have been fluctuating throughout June, rising with the announcement of the expected commercial spaceflight and falling after the announcement of a $400 million at-the-market stock offering. At the time of publication, Virgin Galactic shares are trading 2.24% lower at $4.63.

Portfolio Pulse from Erica Kollmann

June 29, 2023 | 3:27 pm

Virgin Galactic has announced the launch date for its first commercial spaceflight, Galactic 01, in support of a joint research effort by the Italian Air Force and National Research Council of Italy.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 3:09 pm

Virgin Galactic's rocket plane, carrying a three-man Italian crew, was transported into the New Mexico sky, marking the company's first commercial flight to the edge of space.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 2:34 pm

US stock futures indicate a positive start for Thursday as traders digest the Federal Reserve’s bank stress test results and strong earnings reports. The major averages ended Wednesday on a mixed note, with the Nasdaq Composite and Russell 2000 Index closing higher, while the Dow Industrials and S&P 500 Index retreated. In premarket trading, the SPDR S&P 500 ETF Trust (NYSE:SPY) and the Invesco QQQ ETF (NASDAQ:QQQ) rose. Stocks in focus include Virgin Galactic Holdings, Inc. (NYSE:SPCE), BlackBerry Ltd. (NYSE:BB), and Micron Technology, Inc. (NASDAQ:MU) due to their quarterly results.

Portfolio Pulse from Shanthi Rexaline

June 29, 2023 | 11:18 am

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