Morgan Stanley downgrades Virgin Galactic to underweight, says stock should fall 20%


Billionaire entrepreneur Richard Branson prepares to spray champagne after flying with a crew in Virgin Galactic’s passenger rocket plane VSS Unity to the edge of space at Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021.

Joe Skipper | Reuters

It’s time for shares of Virgin Galactic to fall back to solid ground after this summer’s historic flight, according to Morgan Stanley.



Source link

More from author

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related posts

Advertismentspot_img

Latest posts

New U.S. COVID cases are down 22%. See how your state is doing

Cases are dropping in all but 10 states, and more 189.5 million people—57.1% of all Americans—are now fully vaccinated. Read More Source link

Marc Morano Takes on Climate Alarmist Reporter at ICCC-14 – Watts Up With That?

Marc Morano Takes on Climate Alarmist Reporter at ICCC-14 – Watts Up With That? Skip to content ...

Trials: COVID vaccines 90% effective against Delta infection, death

A pair of new real-world COVID-19 vaccine studies show good protection against the Delta (B1617.2) variant, one from Scotland finding higher than 90%...

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!