U.S. stocks surge | Q1 earnings exceed expectations, Virgin Galactic (SPCE.US) rises more than 48%

According to the Securities Times app, on Friday, Virgin Galactic (SPCE.US) stock price surged, rising more than 48% to $4.98 at the time of publication. The company reported first-quarter revenue of $461,000, exceeding the expected $285,710. The aerospace and space travel company reported a loss of $2.38 per share for the first quarter, beating the expected loss of $2.55 per share.