Virgin Galactic Shares Fall As Investors Weigh Cash Burn Against Flight Timeline

Benzinga05-16

Virgin Galactic Holdings Inc (NYSE:SPCE) shares are trading lower Friday afternoon as traders focus on its $93 million negative free cash flow and $251 million cash balance. Here’s what investors need...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment