Cryptocurrency Analysis and News Portal
Following the news about a new CEO, Virgin Galactic stock jumped. In the pre-market today, SPCE shares are trading nearly 1% up.Space tourism company Virgin Galactic Holdings Inc (NYSE: SPCE) has announced appointing a new CEO. Starting from July 20, Michael Colglazier, President and Managing Director of the Walt Disney
Read More
Virgin Galactic (NASDAQ: SPCE) stock is the darling of Wall Street speculation. Chairman Chamath Palihapitiya believes his company is not a bubble, comparing it to Tesla and citing pent-up demand for space travel. Unfortunately, SPCE stock is still light-years away from being like Tesla, or even Beyond Meat. Virgin
Read More
Virgin Galactic’s rocket ship rally has stalled as Morgan Stanley makes bearish remarks about the stock. Morgan Stanley was an early Virgin Galactic bull with an analyst price target of $22 per share. Now analyst Adam Jonas suggests the stock is overheated and encourages management to dilute shareholders. Virgin
Read More
Virgin Galactic is one of the leading ventures in the emerging private space race alongside companies such as Spacex. However, it is
Read More
Virgin Galactic’s stock price has been soaring in recent weeks. The company initially claimed it would be sending tourists to space by summer. But management seems to be backpedaling. Virgin Galactic’s murky financials are cause for concern. Investors should be cautious about the stock. Virgin Galactic (NYSE: SPCE) is
Read More