SPCE - Virgin Galactic's Board Approves Reverse Stock Split: What's Going On With The Stock? | Benzinga
Virgin Galactic Holdings, Inc. (NYSE:SPCE) shares are falling after-hours Wednesday after the company announced it will effect a reverse stock split.
The Details: Virgin Galactic announced its board of directors has approved a 1-for-20 reverse stock split of the company’s common stock which is expected to become effective at 5 p.m. ET on Friday, June 14.
The company’s common stock is expected to ...