How Virgin Galactic Can Recover From Here

By Travis Hoium – Aug 24, 2023 at 6:30PM

NYSE: SPCE

Virgin Galactic

Market Cap

$365M

Today's Change

(3.15%) $0.03

Current Price

$0.89

Price as of April 26, 2024, 4:00 p.m. ET

There's a long road ahead for Virgin Galactic.

Virgin Galactic (SPCE 3.15%) has hit all its most important operating targets, but the stock continues to fall. In this video, Travis Hoium goes over the company's challenges and some options the company has for getting to a more sustainable future.

*Stock prices used were end-of-day prices of Aug. 16, 2023. The video was published on Aug. 22, 2023.

Travis Hoium has positions in Virgin Galactic. The Motley Fool recommends Lockheed Martin. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.