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Virgin Galactic Stock Falls 2% At Session Start On Thursday, Underperforms Market

Via News Editorial Team

December 17, 2020

Virgin Galactic Stock Falls 2%  At Session Start On Thursday, Underperforms Market

Shares of Virgin Galactic fell 2.35% to $25.25 at 10:13 EST on Thursday, after three successive sessions in a row of losses. The New York Stock Exchange is rising 0.05% to $14,408.90, after two sequential sessions in a row of gains. This seems, so far, a somewhat positive trend exchanging session today.

Virgin Galactic's last close was $24.51, 68.28% below its 52-week high of $42.49.

Virgin Galactic's Sales

Virgin Galactic's sales growth is 26.7% for the ongoing quarter and 610.1% for the next. The company's growth estimates for the present quarter is a negative 170.5% and positive 30% for the next.

Virgin Galactic's Stock Yearly Top and Bottom Value

Virgin Galactic's stock is valued at $25.25 at 10:13 EST, way below 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 value is above its 50-day moving average of $24.02 and way above its 200-day moving average of $20.03.

Previous days news about Virgin Galactic

Virgin Galactic shares slump after test flight to space aborted. According to Bloomberg Quint on Mon Dec 14, "The rally before the test flight "was extreme and so our expectation is for a rocky Monday for the stock," said the UBS analyst, who recommends buying Virgin Galactic and sees the stock reaching $35 within a year.", "Virgin Galactic said last month that it planned to take founder Richard Branson into space late in the first quarter of 2021, and to resume ticket sales after that."

Virgin Galactic Stock Falls 2% At Session Start On Thursday, Underperforms Market | Via News