Tag: Richard Branson

5 posts

Virgin Galactic Shares: Falling after Growth Again

On Tuesday, Virgin Galactic shares grew by almost 9% thanks to the optimistic forecast of Jefferies analysts. On Thursday they closed with a decline by almost 7%, having grown by 7.5% over the session. Tech analysis of Virgin Galactic shares for September 6th, 2021.

What is Happening to Virgin Galactic Shares?

Virgin Galactic shares didn’t skyrocket after the company’s first successful space passenger flight. The news about the additional issue of shares ruined the price of Virgin Galactic shares down to $37.76; they have been falling for three trading sessions in a row. Tech analysis of Virgin Galactic for July 14th, 2021.

Why Did Virgin Galactic Shares Grow?

The shares of Virgin Galactic started growing, supported by rumors about an upcoming test flight of SpaceShipTwo. After the successful test flight the quotations sky-rocketed by 27.62%, reaching $26.89. However, on the next day, they lost almost 5%.

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