Virgin Galactic Holdings Inc. (SPCE) News
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SPCE News Highlights
- SPCE's 30 day story count now stands at 16.
- Over the past 24 days, the trend for SPCE's stories per day has been choppy and unclear. It has oscillated between 1 and 6.
- NOTE, TOP and ACRE are the most mentioned tickers in articles about SPCE.
Latest SPCE News From Around the Web
Below are the latest news stories about VIRGIN GALACTIC HOLDINGS INC that investors may wish to consider to help them evaluate SPCE as an investment opportunity.
Blue Origin's Rocket Crashed. What Does That Mean for Virgin Galactic?Don't look now, but Blue Origin just had another "anomaly" -- and the future for investing in space tourism just got a little bit less certain. On Monday, Sept. 12, an unmanned New Shepard rocket operated by Blue Origin -- the space tourism venture established by Amazon founder Jeff Bezos -- suffered a booster failure about a minute after launch. The good news is that the rocket's escape capsule operated as designed, boosting away from the rocket core and then parachuting back down to Earth. |
Palihapitiya, 'King of SPACs,' Makes an Ominous MoveSpecial-purpose-acquisition vehicles, or SPACs, had been seen as the streamlined answer to the administrative morass that is a standard initial public offering. SPACs are no longer trendy. Star venture-capital investor Chamath Palihapitiya, an early executive at Facebook , almost three years ago helped make SPACs the buzzword in business circles. |
‘SPAC King’ Chamath Palihapitiya Closing Two SPACs After Failing to Find DealsChamath Palihapitiya will wind down and return cash from the two special-purpose acquisition companies to shareholders after failing to find companies to take public. |
Spac booster Chamath Palihapitiya throws in the towelChamath Palihapitiya, one of the big boosters of special purpose acquisition companies, has thrown in the towel, returning $1.5bn to investors after failing to find targets. The former Facebook executive, who once labelled himself the Warren Buffett of his era, said two of his vehicles would liquidate, blaming valuations and volatility for his inability to find deals. Spacs are publicly traded vehicles that raise cash and then seek to acquire private companies. |
SPAC 'King' Chamath Palihapitiya is winding down two vehicles after failing to find a target company in timeChamath Palihapitiya, backer of the Social Capital Hedosophia Holdings Corp. special-purpose acquisition corporations, or SPACs, said Tuesday he is winding down the two vehicles numbered IV and VI after failing to find a target company to acquire within the given time frame. In a regulatory filing, Palihapitiya, known as the 'SPAC King' for the number of vehicles he has launched, said he and his team evaluated more than 100 target companies, and "while we came close to doing a deal several times |
10 Small-Cap Stocks Under $10 to Sell NowToday, I want to share 10 small-cap stocks that trade under $10 and have “F” ratings in my Portfolio Grader. |
Become a Billionaire by Investing in the Industry With Infinite PotentialMorgan Stanley expects the Space Economy to measure $1.7 trillion in 2040, which means the opportunity in today's space stocks is massive. |
Top 10 Trending Stocks on FridayIn this article, we will take a look at the top 10 trending stocks on Friday. If you want to check out some more companies trending today, go directly to Top 5 Trending Stocks on Friday. Cloud security firm Zscaler, Inc. (NASDAQ:ZS), retail company The Kroger Co. (NYSE:KR) and industrial products manufacturer 3M Company (NYSE:MMM) made […] |
Why Virgin Galactic Stock Slumped TodayStriking a discordant note from the market's enthusiasm today is space tourism pioneer Virgin Galactic (NYSE: SPCE), shares of which are falling 5.2% in response to a big downgrade to "underperform" from analysts at investment bank Bernstein. As StreetInsider explains today, Bernstein just cut Virgin Galactic one notch to the equivalent of a sell rating and cut its price target on the shares to $4, implying roughly 33% downside in the stock. "We now have less confidence in the success of this business," states Bernstein bluntly, criticizing Virgin Galactic for continually pushing back plans to begin commercial space tourism flights, and warning that with paying flights not expected to begin before the second quarter of 2023 at the earliest, there is now only "limited potential for pos... |
Virgin Galactic Is Downgraded. Private Astronauts Have to Wait Too Long.Bernstein analyst Douglas Harned cuts his rating on the space tourism pioneer to Sell from Hold. His price target goes to $4 a share from $7. |