Here's what Branson's successful space trip means for Virgin Galactic shares

CNBC2021-07-12

Virgin Galactic’s successful launch of its billionaire founder into space Sunday was greeted with a cautious reaction by the stock market. Shares of the space exploration companyfell Monday morning, ...

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Comment（12）

sbikeken
·2021-07-13
no no no
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Huatkia168
·2021-07-12
Interesting
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6
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- HUATkueh:
  Ok
  2021-07-12
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- EarnMoney:
  Ermmm
  2021-07-12
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SmallYang
·2021-07-12
Food for thought. Thought that share price would go up.
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HW33
·2021-07-12
yes
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4
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- HW33:
  ya
  2021-07-12
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equanimity
·2021-07-12
Nice stock
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7
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ZeXiang
·2021-07-12
Pls like
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8
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- SamLim1808:
  ?
  2021-07-13
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- xJimmy:
  ok
  2021-07-12
  Reply
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palanisamy
·2021-07-12
Good
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5
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- CocoPosh:
  [What]
  2021-07-12
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1a157d10
·2021-07-12
Looks bad ya
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3
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PanaCota
·2021-07-12
Hi
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3
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- 1a157d10:
  Nice to meet you
  2021-07-12
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hamham611
·2021-07-12
Pls like
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2
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- ZeXiang:
  done
  2021-07-12
  Reply
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Jasmine1205
·2021-07-12
Rise!!
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1
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- Staricelock:
  How come?
  2021-07-12
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- Yappy:
  power
  2021-07-12
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sattyb
·2021-07-12
Okkkkk
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- Gamestonk:
  Ok!
  2021-07-12
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- hamham611:
  ...
  2021-07-12
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The flight’s success and subsequent ticket sales could well be an upward short-term catalyst for the stock,” the Bernstein note said.\nTruist’s Michael Ciarmoli, who has a buy rating on the stock, said the flight was a major step for the company.\n“We view the successful completion of the VSS Unity’s latest test flight on July 11, with a full crew including Richard Branson on board, as another significant milestone for the company both from an operational and marketing perspective,” the Truist note said.\nOn the other hand, Bank of America said that the flight confirmed that Virgin Galactic was on track with its plan to bring customers into space but that it wasn’t enough to move the firm from its underperform rating.\n“We believe the current valuation more than reflects the underlying financial fundamentals and gives the company a more than healthy multiple premium for potential growth,” the note said.\nAfter the flight returned to earth, Virgin Galactic announced that it would hold a sweepstakes for two tickets for upcoming voyages but did not open ticket sales.\nCanaccord Genuity’s Ken Herbert, which has a buy rating on the stock, said that was a sour note for the day.\n“While Branson did accompany his return to Earth with an extensive press conference and marketing blitz featuring a musical performance by R&B star Khalid and a pinning of astronaut wings by Canadian astronaut Chris Hadfield, his teased ‘major announcement’ was somewhat disappointing,” the note said.\nShares of Virgin Galactic have been extremely volatile this year, having more than tripled over the last two months, but still traded below their peak from February.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":142903349,"gmtCreate":1626109498681,"gmtModify":1703753641941,"author":{"id":"4088689191302400","authorId":"4088689191302400","name":"sbikeken","avatar":"https://community-static.tradeup.com/news/a3a2ad369b26723732e002251b5866b3","vip":1,"crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"4088689191302400","idStr":"4088689191302400"},"htmlText":"no no no","listText":"no no no","text":"no no no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142903349","repostId":1146612983,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":146741358,"gmtCreate":1626100857474,"gmtModify":1703753467754,"author":{"id":"3551331974959956","authorId":"3551331974959956","name":"Huatkia168","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3551331974959956","idStr":"3551331974959956"},"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/146741358","repostId":1146612983,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5198360,"gmtCreate":1626103505286,"gmtModify":1663230872950,"authorId":3572312712757258,"author":{"id":3572312712757258,"idStr":"3572312712757258","authorId":3572312712757258,"name":"HUATkueh","avatar":"https://static.tigerbbs.com/936c7c3c568dece3e2a6ae1a4510ab73","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":146741358,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5197999,"gmtCreate":1626101451292,"gmtModify":1663230872547,"authorId":3583664095244931,"author":{"id":3583664095244931,"idStr":"3583664095244931","authorId":3583664095244931,"name":"EarnMoney","avatar":"https://static.tigerbbs.com/caf80428a72e5e6a61d03a0a42a66f32","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":146741358,"type":1,"supId":0,"prevId":0,"content":"Ermmm","text":"Ermmm","html":"Ermmm"}],"langContent":"EN"},{"id":146740698,"gmtCreate":1626100762514,"gmtModify":1703753463485,"author":{"id":"4088082610944870","authorId":"4088082610944870","name":"SmallYang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"4088082610944870","idStr":"4088082610944870"},"htmlText":"Food for thought. Thought that share price would go up.&nbsp;","listText":"Food for thought. Thought that share price would go up.&nbsp;","text":"Food for thought. Thought that share price would go 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stock","listText":"Nice stock","text":"Nice stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146751515","repostId":1146612983,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":146751165,"gmtCreate":1626100495857,"gmtModify":1703753453312,"author":{"id":"3564617891199080","authorId":"3564617891199080","name":"ZeXiang","avatar":"https://static.tigerbbs.com/96b6f398f8ed5366a761ea232878d94b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3564617891199080","idStr":"3564617891199080"},"htmlText":"Pls like","listText":"Pls like","text":"Pls 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