Virgin Orbit Soared Over 28% in Premarket Trading and Surged Nearly 70% in 2 Days for a Potential Emergency Cash Injection

Tiger Newspress2023-04-06

Virgin Orbit Holdings Inc. soared over 28% in premarket trading and surged nearly 70% in 2 days.

"Virgin Orbit and its lawyers are trying to agree [on] an emergency cash injection, or debtor in possession financing, of around $31m, with the court, "a tweet from a Telegraph reporter Matt Field said Wednesday afternoon.

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