Virgin Galactic Stock Has 25% Downside Risk, According to 1 Wall Street Analyst Firm [Yahoo! Finance]
Virgin Galactic Holdings, Inc. (SPCE)
Company Research
Source: Yahoo! Finance
its Delta-class spaceplane, then tumbling 7% early Wednesday after reporting how much money its current Unity-class spaceplane is losing -- only to land right near where it began the week, around $1 a share. But I think investors are overestimating Virgin Galactic's chances of success. This business isn't stable at all, warned Wells Fargo in a StreetInsider note Thursday. In fact, Virgin Galactic stock may fall as low as $0.75 per share, according to the note. Is Virgin Galactic stock a sell? Good news first: Virgin Galactic beat on both sales and earnings in Q1. True, sales were only $2 million for this space stock that is valued in excess of $400 million. Also true, Virgin Galactic lost $0.25 per share in the quarter. Still, investors feared even worse news, and a beat is a beat. But it's still not enough to make the stock a buy. Wells complains it sees no near term "positive catalysts" for Virgin Galactic, seeing as its last Unity flight will take place next month, the co
Show less
Read more
Impact Snapshot
Event Time:
SPCE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SPCE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SPCE alerts
High impacting Virgin Galactic Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
SPCE
News
- First Black astronaut candidate, now 90, finally reaches space in Blue Origin flight [CBS News]CBS News
- 30 celebrity pairs you didn't realize were best friends [Business Insider]Business Insider
- Jeff Bezos' Blue Origin is about to fly people to space for the first time in 2 years. Here's why it took so long. [Business Insider]Business Insider
- Sir Richard Branson—who hates being called a billionaire—sees net worth fall back to $3 billion, where it was in 2000 [Yahoo! Finance]Yahoo! Finance
- Sir Richard Branson—who hates being called a billionaire—sees net worth fall back to $3 billion, where it was in 2000 [Fortune]Fortune
SPCE
Earnings
- 5/7/24 - Beat
SPCE
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- 5/7/24 - Form 10-Q
- SPCE's page on the SEC website