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0.000348537005163463 -0.000215146299483759 0.000748709122203035 -0.00968158347676426 -0.00236660929432013 -0.0122289156626507 -0.00215146299483652 -0.00903614457831329
Stock impact report

Virgin Galactic Climbs on Short Seller Chanos's Comments [TheStreet.com]

Virgin Galactic Holdings, Inc. (SPCE) 
Company Research Source: TheStreet.com
Virgin Galactic Holdings(SPCEShares of the Las Cruces, N.M., company, which was founded by the U.K. entrepreneur Richard Branson, at last check were 6.5% higher at $24.32.Jim Chanos, president and founder of Kynikos Associates of New York, made his comments at Grant’s Fall 2020 conference in New York City, Reuters reported.In interviews, Chanos has described his investment strategy as "intensive research into stocks," where he looks for fundamental failures in market valuation, from underestimated or unreported failings in the business or the market of a particular stock.This is followed by taking a substantial short position, which he is willing to hold for a long time. Chanos was a short seller of Enron throughout 2001.On Monday, Virgin Galactic President Mike Moses told New Mexico state lawmakers that the first test space flight from Spaceport America will happen sometime this fall. That's the final step before taking paying customers into space, according to KOB News."Pretty big m Show less Read more
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