Virgin Orbit Plunged 18% in Premarket Trading after Tumbling 30% on Tuesday

Tiger Newspress2023-04-12

Virgin Orbit plunged 18% in premarket trading after tumbling 30% on Tuesday.

Virgin Orbit (NASDAQ:VORB) on Monday said it had been informed by the Nasdaq stock market that trading in its common stock and warrants would be suspended on April 13.

The Nasdaq notice comes after the Richard Branson-founded company filed for bankruptcy last week.

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