Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Virgin Galactic Is Going Nowhere if It Doesn't Answer This Big Question

TheMotleyFool

0 0

Virgin Galactic Is Going Nowhere if It Doesn't Answer This Big Question: https://g.foolcdn.com/editorial/images/754203/virgin_galactic_pilots_on_their_way_to_the_virgin_galactic_spaceflight_system.jpg

Virgin Galactic (NYSE: SPCE) has begun to complete monthly space flights, a sign of maturity for the company. But to get to any kind of positive cash flow, the company needs to build its next-generation spacecraft and scale operations to near-daily flights.

In this video, Travis Hoium discusses what Virgin Galactic needs to show investors when it reports earnings; if a major question isn't answered, the stock could continue to slide.

*Stock prices used were mid-day prices of Nov. 7, 2023. The video was published on Nov. 7, 2023.

Source Fool.com

Like: 0

SPCE

Share