Virgin Galactic Falls on Earnings Drop, New Share Issuance [Yahoo! Finance Canada]
Virgin Galactic Holdings, Inc. (SPCE)
Company Research
Source: Yahoo! Finance Canada
Most Read from Bloomberg The Richard Branson-founded company reported revenue late Wednesday for the period ending Sept. 30 of $0.4 million, slightly below the $0.53 million consensus of analysts surveyed by Bloomberg. That's about a 77% plunge from the $1.7 million in the same period a year ago. Virgin also announced an at-the market equity program in which it would occasionally sell shares worth as much as $300 million to “accelerate develop and production of its next-generation spaceflight fleet.” It's been burning through some $120 million in cash a quarter after pausing its space tourism trips. Virgin pared an early drop on Thursday of as much as 13% to trade down 8.5% to $6.51 as of 10:11 a.m. in New York. The shares are down about 87% this year. The company's last flight took place in June, and it's halted further trips while working on its more advanced Delta spaceship expected to enter commercial service in 2026. That's raised questions about its cash burn rate. Th
Show less
Read more
Impact Snapshot
Event Time:
SPCE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SPCE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SPCE alerts
High impacting Virgin Galactic Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
SPCE
News
- 5 things to know for Nov. 22: Trump's Cabinet, Bomb cyclone, Middle East, Immigration, Jussie Smollett [CNN]CNN
- Elon Musk Promises 40-Minute Flights from NYC To Shanghai – Will Prices Make It Accessible To All? [Yahoo! Finance]Yahoo! Finance
- Samson Sky Brings Advanced Eco-Friendly Composite Manufacturing to Switchblade Flying Car [Yahoo! Finance]Yahoo! Finance
- Shocking News (But No, Not Really): Virgin Galactic Needs More Money [Yahoo! Finance]Yahoo! Finance
- When Leaders Dream [Forbes]Forbes
SPCE
Earnings
- 11/6/24 - Beat
SPCE
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- 11/7/24 - Form 8-K
- SPCE's page on the SEC website