Where Will Virgin Galactic Be in 1 Year?
Virgin Galactic(SPCE) The Motley Fool·2024-03-02 19:31
Shares of Virgin Galactic (SPCE -2.87%) have fallen more than 90% from their 2021 high-water mark. Clearly, enthusiasm for this space tourism company has waned in a big way even as it has proven that it can reliably fly people into space. The big problem for the company over the next year is that its finances are going to get increasingly weak.Virgin Galactic hit the reset buttonVirgin Galactic made a very big announcement when it released third-quarter 2023 financial results. It is going from a monthly cad ...