Even small signs of progress can help Virgin Galactic stock.Virgin Galactic (SPCE -3.69%) announced early testing for its next-generation spacecraft on Monday, and the market reacted positively. In this video, Travis Hoium covers why this is a bigger deal than it may seem.*Stock prices used were end-of-day prices of April 6, 2024. The video was published on May 7, 2024. ...

Virgin Galactic is gambling its future on Delta -- but so far, the bet is working out.Shares of space-tourism pioneer Virgin Galactic (SPCE 12.34%) took off like a rocket this morning after the company announced it has opened a "systems integration facility" to begin testing its new Delta-class spaceplane -- and that testing of "initial subsystems" has already begun. Even better, Virgin Galactic confirmed that it remains on track to begin flying Delta commercially in 2026.As of 10:25 a.m. ET, Virgin Galacti ...

Virgin Galactic is now officially a penny stock -- but it has a fix for that. Call it a "dilution solution."On Friday, April 19, Virgin Galactic (SPCE 3.15%) told investors that it was planning to conduct a reverse split of its stock, potentially reducing every 20 shares of space stock they owned (or 15, 10, 5, or just 2) to just one single, solitary share.And Virgin Galactic investors did not like that news one bit.Over the next two days, Virgin Galactic stock plunged a total of 22.5% from its preannouncem ...

In the latest market close, Virgin Galactic (SPCE) reached $0.86, with a -1.09% movement compared to the previous day. This change lagged the S&P 500's daily loss of 0.46%. On the other hand, the Dow registered a loss of 0.98%, and the technology-centric Nasdaq decreased by 0.64%.The company's stock has dropped by 40.42% in the past month, falling short of the Aerospace sector's loss of 6.98% and the S&P 500's loss of 3.04%.The investment community will be closely monitoring the performance of Virgin Galact ...

Virgin Galactic (NYSE: SPCE) stock price continued its strong sell-off this week after the company announced a plan to do a reverse stock. It crashed by more than 10%, moving to an all-time low of $0.85, a sharp decline since it was trading at $62.7 at its peak in 2021.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Virgin Galactic’s reverse splitCopy link to sectionThe ongoing collapse of SPCE share price is in line with a prediction I made two weeks ...

Virgin Galactic wants to reverse-split its stock. Should you be scared?Virgin Galactic (SPCE -11.69%) stock tumbled 16.5% through 10:40 a.m. ET Friday morning on what should have been ho-hum news. This morning, the company filed its regularly scheduled "notice of annual meeting of stockholders" (to be held on June 12). On the agenda: electing directors, approving an auditor, and setting executive salaries.Oh, and one more thing.Virgin Galactic will propose a reverse stock split. What will a reverse split do ...

The latest trading session saw Virgin Galactic (SPCE) ending at $1.04, denoting a +1.96% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 0.03% for the day. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq appreciated by 0.12%.Heading into today, shares of the company had lost 32% over the past month, lagging the Aerospace sector's loss of 5.49% and the S&P 500's loss of 0.9% in that time.The upcoming earnings release of Virgin Galactic ...

Virgin Galactic (SPCE) closed at $1.24 in the latest trading session, marking a -1.59% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 1.11% for the day. Meanwhile, the Dow gained 0.8%, and the Nasdaq, a tech-heavy index, added 1.24%.Heading into today, shares of the company had lost 26.74% over the past month, lagging the Aerospace sector's gain of 1.79% and the S&P 500's gain of 0.48% in that time.Investors will be eagerly watching for the performance of Virgin Gal ...

The most recent trading session ended with Virgin Galactic (SPCE) standing at $1.29, reflecting a -1.53% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.11% gain on the day. Meanwhile, the Dow experienced a drop of 0.11%, and the technology-dominated Nasdaq saw an increase of 0.23%.The the stock of company has fallen by 18.13% in the past month, lagging the Aerospace sector's gain of 2.55% and the S&P 500's gain of 1.5%.The investment community will be paying close attenti ...

Virgin Galactic (NYSE: SPCE) stock price continued its downtrend in the first quarter as concerns about its cash burn continued. It has plunged by more than 44% in the first quarter and by over 64% in the past 12 months. Notably, the stock has crashed from its all-time high of $62.5 to just $1.36. That crash has brought its total market cap from over $20 billion to less than $600 million today. In simple terms, a $10,000 investment at its peak in 2021 would now be worth just $217. High-risk investment Copy ...