Tag Archives: virgin galactic

Virgin Galactic Holdings (NYSE: SPCE) stock manages to continue its rise while the majority of the stocks on the market are falling. Now in teh pre-market, it has gained around 8%.Virgin Galactic Holdings (NYSE: SPCE) stock has managed to rise slightly during the recent stock dip on the market. This dip occurred during a brief reign by the bears. The reason behind this was the issues surrounding the coronavirus. During the market stumble, SPCE stock had a reversal. The stock experienced an...

As part of its portfolio reshuffling strategy for 2020, investment giant David Selected Advisors decided to dilute its stake in Microsoft (MSFT) while simultaneously seeing a strong potential and increasing its stake in the Intel (INTC) stock.Since the beginning of 2020, the markets have been soaring massively making fresh highs every week. Earlier this week on Wednesday, both S&P 500 and Nasdaq made their record highs. While the Dow Jones Industrial Average (DJIA) continued to soar a...

In the past three months, Virgin Galactic (SPCE) stock has climbed 310%, outperforming Tesla (TSLA) and Apple (AAPL).These days, Richard Branson’s Virgin Galactic Holdings Inc (NYSE: SPCE) is the most frequently mentioned company in headlines of tech news. And hot discussions around its activity are no wonder as the company’s stock shows incredible movements. Virgin Galactic (SPCE) stock rises, with shares of the company nearing $40. The company’s stock has climbed 310% in the past three...

S&P 500 and Nasdaq Composite, as well as Dow Jones Industrial Average index, have set new records as tech stock has jumped. Some stocks, like Virgin Galactic (SPCE), are also in green.On Wednesday, the major stock market index rose to record highs, which means the largest companies listed on stock exchanges in the United States have shown good stock performance. In particular, tech shares have outperformed all the expectations. Prime examples that demonstrate bullish moods are S&P...

While you might have been caught by the Tesla bug with its massive TSLA stock surge in the market, you might have missed Virgin Galactic’s meteoric rise on Wall Street. The SPCE stock has surged over 200% as of Wednesday closing.With the wild stock market rise, Wall Street investors are riding high on optimism at the moment. Tesla (NASDAQ: TSLA) has indeed been the star performer in the market with its price skyrocketing over $900 on February 19.Amidst a strong Q4 2019 performance, Tesla...

Yesterday, SpaceX CEO Elon Musk made a very important announcement. According to the CEO, SpaceX will be able to send NASA astronauts to space sometime before the first half of 2020 is over. After concluding a successful test of the Crew Dragon capsule, Musk spoke to the press about the mission. But as plans move forward, the unanswered question on the minds of most is, will 2020 be the year for SpaceX IPO?Watch live as SpaceX tests Crew Dragon’s in-flight launch escape capabilities...

Now we know that Morgan Stanley is one of the financial behemoths that we don’t want to mess with when they give an opinion. So many pundits in the aviation sector paid close attention when Morgan Stanley gave indications that Virgin Galactic’s stocks will soar after it gave the stock of the aviation upstart higher ratings than many pundits thought necessary. The investment behemoth’s analyst Adam Jonas explained this position:“A viable space tourism business is what you pay for today… but a...

Vertical Research Partners is the first company that started covering Virgin Galactic, the space company founded by British billionaire Richard Branson. They gave it a “buy” rating and said its risk “is misunderstood.”In his letter to investors analyst Darryl Genovesi wrote:“We think the technical risk to SPCE’s human spaceflight program is less draconian than the stock appears to be pricing in.”Virgin Galactic had its IPO last week, following the realization of its merger with Chamath...

Sir Richard Branson’s private space tourism company Virgin Galactic Inc. started its trading on the New York Stock Exchange (NYSE) via a direct listing at $12.10 on Monday under the ticker “SPCE”.The move comes after the Galactic merged with Chamath Palihapitiya’s venture Social Capital Hedosophia that gave the new company a combined valuation of $1.5 billion. Branson kept a 51% stake in the business.CEO George Whitesides said:“Virgin Galactic is making history again today as it becomes the...

The race for the space business is getting intense as big organizations are spending billions of dollars in creating the infrastructure for space tourism. While we have frequently heard Elon Musk’s SpaceX or Jess Bezos’ Blue Origin working on the plan, Richard Branson’s space tourism venture Virgin Galactic has pulled the rabbit out of the hat.Virgin Galactic is all set to become the first company in the space tourism to go public. During a recent interview with the CNBC, we heard this...