The Latest Breaking News from SPCE

Wells Fargo analyst Matthew Akers initiated coverage of Virgin Galactic Holdings Inc (NYSE:SPCE) with an Underweight rating and a price target of $4, implying a downside of 35%. SPCE has additional risk, according to the analyst, as he doubts it can create its new Delta spacecraft and continue to fund operations without another capital…

Airline stocks have been plunging despite the robust travel demand as inflation and recession fears weighed on the sector. Therefore, we think it could be wise to avoid fundamentally weak airlines stocks Virgin Galactic (SPCE), Frontier Group (ULCC), Air Canada (ACDVF), and Spirit Airlines (SAVE) now. Keep reading.

Sir Richard Branson's space tourism company Virgin Galactic Holdings Inc. (NYSE: SPCE) had its official IPO on the New York Stock exchange on October 28, 2019. The official IPO followed the merger with a public-traded special-purpose acquisition company (SPAC), which had its IPO in September 2017.

The meme stock frenzy took the investing world by storm last year. And despite several fundamentally weak stocks discussed on the WallStreetBets forum having skyrocketed in price based solely on investor sentiment, only to plunge later, Wall Street analysts expect frequently discussed WSB stocks Peloton Interactive (PTON), Virgin Galactic (SPCE),…

Someone with a lot of money to spend has taken a bearish stance on Virgin Galactic Hldgs (NYSE:SPCE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.