Virgin Orbit Holdings Tumbled Nearly 20% While Virgin Galactic Crashed Over 8% in Morning Trading
@Tiger_Newspress:
$Virgin Orbit Holdings Inc.(VORB)$ tumbled nearly 20% while $Virgin Galactic(SPCE)$ crashed over 8% in morning trading.Virgin Orbit Holdings Inc. filed for bankruptcy after the satellite launch firm tied to British billionaire Richard Branson failed to secure the funding needed to keep operating and cut 85% of its staff. $(SPCE)$ $(VORB)$