Virgin Galactic: Seems Like a Waste of Space
24 Março 2022 - 04:13PM
TipRanks
Shares of potential aerospace giant Virgin Galactic (SPCE) have
ebbed and flowed since going public three years ago. In the past
year, though, SPCE stock has shed almost 70% of its value as it
looks to launch its space tourism business this year. Though the
stock could snap back later in the year, there are still plenty of
red flags which call into question its long-term outlook. I am
bearish on the stock. Virgin Galactic Holding is a California-based
spaceflight business that develops and operates spaceships for
human spaceflights and development payloads. Moreover, it is also
involved in ground testing and maintenance of flights.
https://www.tipranks.com/news/article/spce-stock-seems-like-a-waste-of-space-at-this-time?utm_source=advfn.com&utm_medium=referral
Virgin Galactic (NYSE:SPCE)
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Virgin Galactic (NYSE:SPCE)
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