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0 0.00103873884883297 0.00207747769766594 0.00467432481974835 0.00971526335084934 0.00360503482830259 0.0280459489184896 0.0264267383600147
Stock impact report

Virgin Galactic (SPCE): Evaluating Valuation After Sweeping Changes to Company Governance [Yahoo! Finance]

Virgin Galactic Holdings, Inc. (SPCE) 
Company Research Source: Yahoo! Finance
This time, it is the company's by-laws that have investors leaning in. The Board has just approved sweeping amendments to the company's foundational rules, touching everything from how votes are tallied at shareholder meetings to what rules apply when a stockholder wants to nominate a director. These changes might sound dry, but for anyone keeping an eye on who holds the reins at Virgin Galactic, they are anything but trivial. This development comes after a year of mixed sentiment around Virgin Galactic's prospects. The stock has struggled in the past year, losing half its value, and its long-term return numbers tell a similar story. Yet recent weeks show some renewed interest, with shares drifting upwards over the past month as investors digest not just the new by-laws, but also ongoing efforts to modernize the business and clarify management's direction. Whether these tweaks make the company more attractive or simply manage risk, momentum appears to be cautiously shifting. The q Show less Read more
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