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home / news releases / SPCE - Hot Stocks: SPCE gets permission to take off; KMX CAMP earnings; OSMT sells legacy business

SPCE - Hot Stocks: SPCE gets permission to take off; KMX CAMP earnings; OSMT sells legacy business

Virgin Galactic Holdings, Inc.
primeimages/E+ via Getty Images Richard Branson's Virgin Galactic (SPCE) secured liftoff before the bell on Friday. Shares posted a dramatic advance on regulatory approval for its launch license. Used car dealer CarMax (KMX) rallied in Friday's pre-market as well, boosted by a strong earnings report. Osmotica Pharmaceuticals (OSMT) jumped on a deal to sell its legacy business. And Bioventus (BVS) climbed on a new minority stake it has taken. CalAmp Corp. (CAMP) moved the other direction on earnings news. Shares dipped after the release of its quarterly report. Meanwhile, Theravance Biopharma (TBPH) plunged on news that it has priced an equity offering. Virgin Galactic said it has received updated approval from the FAA for its commercial launch license. This gives the company permission to fly customers into space. Shares jumped more than 18% in pre-market action. CarMax reported a quarterly profit that beat expectations, with revenue that more than doubled from

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Hot Stocks: SPCE gets permission to take off; KMX, CAMP earnings; OSMT sells legacy business
Stock Information
Company Name: Virgin Galactic Holdings, Inc.
Stock Symbol: SPCE
Market: NYSE
Website: virgingalactic.com
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