Rise in SPCE’s short interest indicates Bearish sentiment
As published in a research note from Truist on January 10, 2024, Virgin Galactic Holdings Inc [SPCE] has been rated up from a Sell to a Hold and the price target has been revised to $3 from $1. Analysts at Morgan Stanley downgraded the stock from ‘”an Equal-weight”‘ to ‘”an Underweight”‘ outlook in a report […]
What is behind the fall of Virgin Galactic Holdings Inc. (SPCE) stock?
Virgin Galactic Holdings (NYSE: SPCE) founder has recently sold over $150 million worth of SPCE stock, with share price ranging between $26.85 and $28.73. However (SPCE) shares were falling -4.95% to trade at $25.36 in pre-market at the last check. Virgin Galactic had aimed to initiate space tourism by the end of last year, but […]
