Virgin Galactic stock tumbles after reverse stock split

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Virgin Galactic News

Reverse Stock Split,Stock Action,Stock Price

Virgin Galactic (SPCE) shares are trading lower after the company implemented a 1-for-20 reverse stock split, which took effect on Monday. This action, aimed...

) shares are trading lower after the company implemented a 1-for-20 reverse stock split, which took effect on Monday. This action, aimed at increasing the company's stock price and meeting listing requirements, has triggered a sell-off among investors.hereUm obviously the the company founded by uh Richard Branson reverse Stock split, which we discussed the company looking to keep the stock price higher so it can meet certain requirements to stay listed.

Um So came public through that kind of vehicle that was very, very popular sort of in the early days of the pandemic, the record price for it was 5591 in 2021.And as we just so on Friday, the, the board voted to authorize this one for 20 reverse stock split.That's why you're saying the stock price is higher than it was um on Friday.

‘I’m counting on this income’: Single mom in NC faces squatter nightmare after Airbnb guests refuse to leaveFEATURE Nvidia stock was trading down slightly Monday. The chip maker has been getting more price-target upgrades on Wall Street. Nvidia shares fell 0.6% at $131.07 on Monday. The stock closed up 1.We recently published a list of the 8 Best AI PC Stocks to Buy Now. Since NVIDIA Corporation ranks 2nd in the list, it deserves a deeper look.

 

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