|Bid||1.8900 x 21500|
|Ask||1.9100 x 38800|
|Day's range||1.8400 - 1.9300|
|52-week range||1.3800 - 6.6100|
|Beta (5Y monthly)||1.77|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Richard Branson is still identified as one of the key backers of Virgin Galactic (NYSE: SPCE), despite selling over $1 billion of the company's stock since going public. Still, the market reacted harshly when Branson said he wasn't going to put more into the company.
The company's billionaire founder says he does not plan to come to its rescue if cash runs short.
Shares of Virgin Galactic, the space tourism venture founded by Richard Branson, are plunging after the British billionaire said he has no plans to invest more money in the company.