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Shares of space stocks are catching a bid Tuesday as the sector rebounds from recent weakness.
ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic's Board of Directors approved the grants of time-based inducement restricted stock unit awards covering an aggregate of 141,295 shares of Virgin Galactic common stock to two new non-executive employees, each effective July 15, 2026.The awards were granted under Virgin Galactic's Second Amended and Restated 2023 Employment Inducement.
Investors chasing market themes are learning a familiar lesson: a hot investment doesn't necessarily make for a profitable one.
Shares of SpaceX (NASDAQ:SPCX) are down 6% to $151 and change in midday trading Tuesday, an unusual response given the flood of bullish analyst initiations that hit the tape today and the company's
Space stocks are diverging sharply at midday Wednesday, with the market's newest space giant sliding even as smaller rivals rally on their own catalysts.
Space stocks are catching a bid in Friday midday trading. Virgin Galactic (NYSE:SPCE) stock is up 13% to $2.83, AST SpaceMobile (NASDAQ:ASTS) stock is up 9% to $71.72, and Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) stock is up 5% to $84.40.
Shares of the beloved, but beleaguered, chain surged after individual investors rushed to defend ‘our pigtailed savior' from detractors.
Shares of SpaceX (NASDAQ:SPCX) stock are down 9% in midmorning trading Monday, sliding to around $168 after the company announced its first public bond offering.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.