|Bid||19.52 x 1400|
|Ask||19.54 x 1300|
|Day's range||19.23 - 20.01|
|52-week range||14.27 - 62.80|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||08 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||28.91|
We've also got a look at tech news and a couple of stocks to watch.
When Virgin Galactic (NYSE: SPCE) went public via SPAC merger in 2019, the company projected that 66 passengers would fly aboard the company's spacecraft in 2020 and another 646 in 2021. Investors recently got word that yet another delay is hitting Virgin Galactic, and at best we will see a small number of revenue-generating flights in 2022, assuming no more delays.
Shares of Virgin Galactic (NYSE: SPCE) stock tumbled 4.2% as of 9:50 a.m. EDT Monday morning. Just a few days earlier, rival space tourism pioneer Blue Origin scored a public relations coup by sending Star Trek star William Shatner to space aboard its New Shepard suborbital spaceship. As StreetInsider.com reports today, UBS has just downgraded Virgin Galactic stock to sell and cut its price target on the shares nearly in half, to $15.