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

Virgin Galactic Holdings, Inc. (SPCE) reported to the FAA that an alignment pin detached from the mothership during the 'Galactic 06' flight. The issue, discovered during a standard post-flight review, did not pose a safety risk to the crew or vehicles. Virgin Galactic is conducting a review with the FAA, emphasizing that the flight was successful and adhered to safety protocols.

Portfolio Pulse from Charles Gross

February 05, 2024 | 10:04 pm

Virgin Galactic announced the completion of its first spaceflight of 2024, 'Galactic 06', marking its 11th mission. This flight was notable for having all four seats on VSS Unity occupied by private astronauts for the first time.

Portfolio Pulse from Benzinga Newsdesk

January 26, 2024 | 6:43 pm

In Tuesday's after-market session, several industrial stocks saw movement. Greenwave Tech Solns (GWAV), Nauticus Robotics (KITT), Laser Photonics (LASE), Asure Software (ASUR), FTC Solar (FTCI), and C3is (CISS) experienced gains, while Byrna Technologies (BYRN), Ideanomics (IDEX), Full Truck Alliance Co (YMM), Virgin Galactic Hldgs (SPCE), Hyzon Motors (HYZN), and Agrify (AGFY) saw declines in their stock prices.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 9:31 pm

Truist Securities analyst Michael Ciarmoli has upgraded Virgin Galactic Holdings (SPCE) from Sell to Hold and increased the price target from $1 to $3.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 11:23 am

Shares of companies in the industrial sector are trading lower due to potential profit-taking after a recent market rally. This trend affects multiple companies across the sector.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 8:49 pm

Virgin Galactic Holdings, Inc. (NYSE:SPCE) has announced the opening of the 'Galactic 06' flight window on January 26, 2024. This marks the company's 11th spaceflight and follows a year with six suborbital spaceflights in six months. The upcoming commercial spaceflight will carry four private astronauts from Ukraine/California, Texas, Austria, and California. The crew includes VSS Unity Commander CJ Sturckow, pilot Nicola Pecile, VMS Eve Commander Michael Masucci, and pilot Dan Alix. CEO Michael Colglazier highlighted the company's achievements and the safe customer experience provided.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 9:12 pm

The Pentagon is increasing its investment in space capabilities in response to China's growing space threat, with a $33.3 billion space budget for fiscal year 2024, a 15% increase YOY. This investment is crucial for US defense and the functioning of the military, as well as the global economy and daily life. ProcureAM's Space ETF (UFO) and its top holdings, including Sirius XM Holdings (SIRI), Globalstar Inc (GSAT), and Virgin Galactic Holdings Inc (SPCE), are likely to benefit from this increased spending.

Portfolio Pulse from Johnny Rice

December 18, 2023 | 8:45 pm

Industrial stocks are experiencing an uptick following the Federal Reserve's decision to keep interest rates unchanged. The market's positive reaction is also fueled by expectations of potential future rate cuts as indicated by the majority of Fed officials.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 8:51 pm

The Procure Space ETF (UFO) remains steady as the space sector's significance is highlighted ahead of the 2024 U.S. election. The ETF, which has risen over 8% since October 23, includes key holdings such as Virgin Galactic (SPCE), Garmin (GRMN), Sirius XM (SIRI), and Globestar (GSAT). The space sector's role in various industries like healthcare and agriculture is expected to be a focal point in the election. UFO's chart shows a bullish trend with potential resistance and support levels identified.

Portfolio Pulse from Melanie Schaffer

December 07, 2023 | 5:27 pm

During Wednesday's intraday session, several industrial stocks experienced significant movements. Mobile Infrastructure (BEEP) saw a 28.4% increase, while Mesa Air Gr (MESA) rose by 24.69%. Innovate (VATE) increased by 20.08%, Tritium DCFC (DCFC) by 17.48%, Jayud Global Logistics (JYD) by 11.37%, and Virgin Galactic Hldgs (SPCE) by 10.47%. Conversely, ATIF Holdings (ATIF) dropped by 15.5%, ESGL Holdings (ESGL) by 15.04%, Fluence Energy (FLNC) by 12.94%, Primech Holdings (PMEC) by 12.45%, Staffing 360 Solutions (STAF) by 12.22%, and Nxu (NXU) by 10.59%.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 5:31 pm

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