Shares of Virgin Galactic Holdings Inc. tumbled 8.2% Wednesday after Morgan Stanley downgraded the stock to underweight.

The stock is on pace for its largest daily percentage decline since Nov. 8, when it fell 10.3%. Of 10 analysts surveyed by FactSet, two have a buy rating, four have a hold rating, and six have an underweight or sell rating for Virgin Galactic SPCE.

The…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.

Subscribe Now

Log In

Read the full article here

Share.

Leave A Reply

Your road to financial

freedom starts here

With our platform as your starting point, you can confidently navigate the path to financial independence and embrace a brighter future.

Registered address:

First Floor, SVG Teachers Credit Union Uptown Building, Kingstown, St. Vincent and the Grenadines

CFDs are complex instruments and have a high risk of loss due to leverage and are not recommended for the general public. Before trading, consider your level of experience, relevant knowledge, and investment objectives and seek financial advice. Vittaverse does not accept clients from OFAC sanctioned jurisdictions. Also, read our legal documents and make sure you fully understand the risks involved before making any trading decision

Exit mobile version