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Virgin Galactic Stock Bearish By 4% At Session Start Today

Via News Editorial Team

December 18, 2020

Virgin Galactic Stock Bearish By 4% At Session Start Today

Shares of Virgin Galactic slid 4.08% to $24.46 at 10:02 EST on Friday, following yesterday's upward trend. The New York Stock Exchange is jumping 0.75% to $14,516.70, after three successive sessions in a row of gains. This seems, so far, a somewhat positive trend exchanging session today.

Virgin Galactic's last close was $25.86, 73.71% below its 52-week high of $42.49.

News about Virgin Galactic today

Virgin Galactic drops as holders file to sell 113 million shares. According to today's article on Bloomberg Quint, "Virgin Galactic Holdings Inc. fell 4% in premarket trading Friday after shareholders filed to offer as much as 113 million of stock for sale.", "Last week, Virgin Galactic sank 17% after efforts to take tourists into space suffered a setback when a test flight was scrubbed shortly after takeoff because of a technical snag."

Virgin Galactic's Sales

Virgin Galactic's sales growth is 26.7% for the current quarter and 715.1% for the next. The company's growth estimates for the ongoing quarter is a negative 170.5% and positive 23.3% for the next.

Virgin Galactic's Stock Yearly Top and Bottom Value

Virgin Galactic's stock is valued at $24.46 at 10:02 EST, way under its 52-week high of $42.49 and way higher than its 52-week low of $9.06.

Virgin Galactic's Moving Average

Virgin Galactic's worth is above its 50-day moving average of $24.23 and way above its 200-day moving average of $20.07.