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 ...

Virgin Galactic (SPCE) ended the recent trading session at $2.09, demonstrating a +1.95% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.29%. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq gained 0.43%.Coming into today, shares of the company had lost 21.15% in the past month. In that same time, the Aerospace sector lost 3%, while the S&P 500 gained 2.08%.The investment community will be paying close attention to the earnings ...

Space stocks are sliding Friday, led by Virgin Galactic Holdings Inc., which is down 5.4%.The space tourism company is on pace to extend its losing streak to two days and register its biggest single-day percentage decline since Tuesday, when it fell 7.6%. Virgin Galactic SPCE, -4.13% is currently down 5 of the last six days.Shares of Intuitive Machines Inc. LUNR, -1.56%, which is preparing for the launch of its first commercial lunar lander, are down 2%. The stock is also on pace to extend its losing streak ...

Virgin Galactic (SPCE) ended the recent trading session at $1.96, demonstrating a +0.51% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.56% for the day. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq lost 0.59%.The the stock of company has fallen by 26.14% in the past month, lagging the Aerospace sector's loss of 3.59% and the S&P 500's gain of 1.2%.Analysts and investors alike will be keeping a close eye on the performance of Virg ...

It was a rough year for Virgin Galactic (SPCE -2.77%) on the stock market. According to data from S&P Global Market Intelligence, shares have fallen 37.6% since the start of 2023, even though growth stocks had a solid year.Now that the calendar has turned to 2024, there's more certainty about the future, but investors still seem skeptical about the company's future. Here's what we know right now.Virgin Galactic's new planComing into 2023, Virgin Galactic planned to fly about once a month and slowly move for ...

Shares of commercial spaceflight expert Virgin Galactic (NYSE:SPCE) are moving up noticeably on Wednesday. Despite a broader pessimistic view on the company, Truist Securities just broke rank and upgraded its assessment. This surprising pivot could prove prescient, however, especially given the risk bearish traders face if SPCE stock squeezes higher.According to Seeking Alpha, Truist analyst Michael Ciarmoli believes that Virgin Galactic’s “operational prospects” remain unchanged. However, management made a ...

Virgin Galactic Holdings Inc. shares rose 4% in premarket trade Wednesday after Truist Securities upgraded the stock to hold from sell and raised its price target to $3 from $1. “Our view on the company’s operational prospects is unchanged,” Truist Securities analyst Michael Ciarmoli wrote in a note released Wednesday. “The company’s decision to halt commercial operations mid-2024 to focus on deploying capital towards the development of the Delta fleet is prudent in our view but removes the likelihood of an ...