Virgin Galactic Stock Is Tumbling Because Commercial Flights Won’t Happen Until Well Into Next Year

Virgin Galactic Stock Is Tumbling Because Commercial Flights Won’t Happen Until Well Into Next Year

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https://www.barrons.com/articles/virgin-galactic-stock-price-51634290627


Updated Oct. 15, 2021 8:17 americium ET / Original Oct. 15, 2021 5:38 americium ET

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Shares of Virgin Galactic (ticker: SPCE) tanked by much than 20% successful aboriginal trading Friday, aft the space-exploration institution announced it would hold its commercialized question services until the past 4th of 2022.

“Recent worldly investigating returned caller information that requires further analysis,” the institution said successful a merchandise Thursday, adding that it volition not person different trial formation this year.

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