Why Virgin Galactic's Stock Is Trading Lower Today

Virgin Galactic Holdings SPCE shares are trading lower on Monday, after the company announced an agreement with Credit Suisse to sell from time-to-time up to 25 million shares.

Virgin Galactic Holdings is a U.S.-based aerospace company pioneering human spaceflight for private individuals and researchers, as well as a manufacturer of advanced air and space vehicles.

Virgin Galactic Holdings shares were trading down 4.4% at $19.26 on Monday. The stock has a 52-week high of $42.49 and a 52-week low of $6.90.

Related Links:

Virgin Galactic Reports Q1 Earnings, Secures NASA Space Contract

Blue Origin, SpaceX Land NASA Deal

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