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Virgin Galactic Stock Jumps 17% Before Earnings as Cash Burn Becomes the Real Test
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Virgin Galactic Stock Jumps 17% Before Earnings as Cash Burn Becomes the Real Test
Virgin Galactic shares surged 17.13% to $2.94 Friday ahead of next week’s earnings and plans to resume commercial spaceflights. The company expects to begin flight tests of its Delta spacecraft in the third quarter and restart commercial service in the fourth. Analysts forecast a first-quarter loss of 79 cents per share and $0.20 million in revenue. Virgin Galactic ended 2025 with $338 million in cash. The post Virgin Galactic Stock Jumps 17% Be…
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