Virgin Galactic stock tumbles after reverse stock split

18,894 次觀看・5 個月前

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.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Angel Smith