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SPCE - Why Virgin Galactic (SPCE) Shares Are Moving | Benzinga

Virgin Galactic Holdings, Inc.

Virgin Galactic Holdings Inc (NYSE:SPCE) shares are trading higher by 12.8% to $1.07 during Monday’s session after the company announced the opening of a new system integration facility in Southern California for its Delta Class spaceships. Traders and investors are also watching for the company’s first-quarter earnings report, confirmed for Tuesday’s after-hours session.

The company says this facility, equipped with an “Iron Bird” testing platform, will test and verify various subsystems of the Delta spaceships, such as avionics and hydraulics. The investment aims to streamline production and ensure safe operations.

The ...

SPCE) Shares Are Moving>Full story available on Benzinga.com
Stock Information
Company Name: Virgin Galactic Holdings, Inc.
Stock Symbol: SPCE
Market: NYSE
Website: virgingalactic.com
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