Virgin Galactic Shares Fall as Commercial Spaceflight Delay Outweighs Q2 Beat
Virgin Galactic Holdings shares are trading lower Thursday morning despite delivering Q2 financial results that beat analyst expectations.
Virgin Galactic made more money than people expected, which is good—but the company said it will take longer to start selling spaceflight trips to customers, which worried investors. When a company does well but has to delay its big plans, people are often unsure what to think.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.