US Stock Market Move | Q1 profit exceeds expectations, Virgin Galactic (SPCE.US) rises more than 48%.
As of the time of publication, the stock has risen over 48%, reaching $4.98.
On Friday, Virgin Galactic (SPCE.US) stock price surged, up more than 48% to $4.98 as of the time of writing. The company reported first-quarter revenue of $461,000, surpassing the expected $285,710. The aerospace and space travel company reported a first-quarter loss of $2.38 per share, exceeding the expected loss of $2.55 per share.
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