Shares of Virgin Galactic Holdings Inc. fell 4.5% in premarket trades Friday, continuing their tumble after Morgan Stanley downgraded the stock to underweight. The stock ended Wednesday’s session down 6.6%, its largest daily percentage decline since Nov. 8, when it fell 10.3%. Of 10 analysts surveyed by FactSet, two have a buy rating, four have a hold rating, and six have an underweight or sell rating for Virgin Galactic SPCE. The…
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Shares of Virgin Galactic Holdings Inc. fell 4.5% in premarket trades Friday, continuing their tumble after Morgan Stanley downgraded the stock to underweight. The stock ended Wednesday’s session down 6.6%, its largest daily percentage decline since Nov. 8, when it fell 10.3%. Of 10 analysts surveyed by FactSet, two have a buy rating, four have a hold rating, and six have an underweight or sell rating for Virgin Galactic SPCE. The…
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