SPCE stock price analysis: Virgin Galactic outlook darkens

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 ...