Virgin Galactic announces reverse stock split
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Virgin Galactic shares tumble on reverse stock split announcement
June 13, 2024 6:53 AM EDTShares in Virgin Galactic (NYSE: SPCE) plunged more than 8% in premarket trading Thursday after the space tourism company announced a 1-for-20 reverse stock split
The stock initially fell roughly 20% in Wednesday's extended trading after the announcement.
Virgin Galactic said the split will... More
