In the latest trading session, Virgin Galactic (SPCE) closed at $1.76, marking a -0.56% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.06% for the day. Meanwhile, the Dow experienced a rise of 0.13%, and the technology-dominated Nasdaq saw an increase of 0.24%.Prior to today's trading, shares of the company had lost 23.04% over the past month. This has lagged the Aerospace sector's loss of 0.13% and the S&P 500's gain of 6.45% in that time.Market participants w ...

Virgin Galactic is working with regulators to investigate an issue with an alignment pin that was discovered after the last crewed suborbital flight in January.During post-flight reviews, Virgin said it discovered that an alignment pin had detached from VMS Eve, the aircraft that carries the suborbital space plane to altitude. The company notified the U.S. Federal Administration of the anomaly, and the two are conducting a review, which is standard procedure for issues that arise during a commercial launch. ...

Virgin Galactic Holdings Inc. said late Monday that an alignment pin became detached from a portion of the mothership-launching apparatus during a recent spaceflight, but that there was no “safety impact” to the spaceships, on-board crew or people on the ground. Virgin Galactic SPCE, -4.60% said that the problem was detected after a routine post-flight review following the Galactic 06 flight last month. The company reported the issue to the Federal Aviation Administration and is conducting its own revie ...

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or “Virgin Galactic”) today announced that during routine post-flight reviews following its most recent spaceflight, ‘Galactic 06,’ the Company became aware that an alignment pin detached from the launch pylon of our mothership, VMS Eve, during flight. The Company notified the Federal Aviation Administration (FAA) on January 31 in accordance with regulations and is conducting a review in conjunction with the F ...

Virgin Galactic Holdings Inc. is set for a major cash-flow boost when its new Delta-class spacecraft enters service in 2026, according to T.D. Cowen. In a note released Monday, T.D. Cowen analyst Oliver Chen described Virgin Galactic SPCE, -4.64% as “the new spaceline community blasting off to positive cash flow in mid-2026.”The space-tourism company recently completed the penultimate mission of its Unity spacecraft before it halts commercial operations to develop its new Delta-class spacecraft. Flights are ...

Shares of Virgin Galactic Holdings Inc. are up 3.9% in premarket trades Thursday, after sliding over the last two days.  The stock is down five of the last six days and ended Tuesday’s session down 6.8%, registering its biggest daily percentage decline since Jan. 16, when it fell 7.6%. Last week the space-tourism company completed the penultimate mission of its Unity spacecraft before it halts commercial operations to develop its new Delta-class spacecraft. Related: Virgin Galactic’s stock rises after Tr ...

Virgin Galactic (SPCE) closed the latest trading day at $1.92, indicating a +1.59% change from the previous session's end. The stock outpaced the S&P 500's daily gain of 0.76%. At the same time, the Dow added 0.59%, and the tech-heavy Nasdaq gained 1.12%.The company's stock has dropped by 22.86% in the past month, falling short of the Aerospace sector's loss of 4.16% and the S&P 500's gain of 2.5%.Analysts and investors alike will be keeping a close eye on the performance of Virgin Galactic in its upcoming ...

Virgin Galactic (SPCE -3.08%) isn't just trying to build a space business, it is trying to build a space business for the average Joe. That is, for the average Joe who can afford to spend a reported $500,000 or so on space travel, which limits the target audience a great deal. Still, this is an audacious goal and the company reached an important milestone in the effort in 2023. But that first milestone isn't enough to make this stock a buy. Here's what potential investors need to know.Virgin Galactic takes ...

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the “Company”) today announced the completion of its first spaceflight of 2024 and 11th mission to date. Today’s ‘Galactic 06’ flight marked the first time all four seats aboard VSS Unity were occupied by private astronauts. Michael Colglazier, CEO of Virgin Galactic, said: “ Today the incredible team at Virgin Galactic supported another successful mission and delivered an unforgettable experience for ...

Virgin Galactic Holdings Inc. is preparing for the penultimate mission of its Unity spacecraft before it halts commercial operations to develop its new Delta-class spacecraft.The flight window for the Galactic 06 mission opens at 12 p.m. Eastern time on Friday. The space-tourism company’s 11th mission will carry four private astronauts into space — two from the U.S., one from Austria and one with U.S. and Ukrainian nationality, according to Virgin Galactic SPCE, -3.59%. Related: Virgin Galactic’s stock rise ...