Tag: Galactic

Why Virgin Galactic Stock Keeps Going Down

Things are not looking great for Virgin Galactic (NYSE: SPCE). Since confirming its decision to run a 1-for-20 reverse share split last week (shrinking its share count by 20x and artificially pumping up its share price by 20x), the space tourism company’s share price at first seemed to leap the expected 20 times to $14.80 […]

Virgin Galactic stock tumbles after reverse stock split

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 at increasing the company’s stock price and meeting listing requirements, has triggered a sell-off among investors. Yahoo Finance’s Market Domination takes a closer look at the space tourism company’s stock action. […]

Virgin Galactic shares sink after board approves reverse stock split

(Bloomberg) — Virgin Galactic Holdings Inc. shares tumbled after the company’s board of directors agreed to a 1-for-20 reverse stock split aimed at maintaining the stock’s listing on the New York Stock Exchange. Most Read from Bloomberg The Richard Branson-founded space tourism company proposed the reverse split in April after its stock had fallen below […]

AI finds hidden galactic evolution clues in over 100 galaxies. Here’s how

The interstellar clouds of distant, ancient galaxies are often filled with carbon. This means, if astronomers can trace and detect these patches of carbon, which they call neutral carbon absorbers, they can learn quite a lot about how galaxies evolve. Yet, actually detecting neutral carbon absorbers — a process that typically involves finding the distinctive […]