Virgin Galactic Share Price Sinks as Board Approves Reverse Stock Split
Wednesday, 12 June 2024, 21:33
Virgin Galactic Share Price Plummets
Virgin Galactic Holdings Inc. shares witness a notable decline following board approval of a 1-for-20 reverse stock split.
Market Reaction
The decision triggers a bearish sentiment among investors, signaling a challenging period for the company.
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