VORB News and Press, Virgin Orbit Holdings Inc. From 03/16/23

2023-03-16 14:58:48 ET Virgin Orbit Holdings ( NASDAQ: VORB ) is in talks with multiple investors to buy out the struggling company, according to The Financial Times . The discussions follow reports that the company was seeking funding to continue operations ...

2023-03-16 12:06:32 ET Small rocket launcher Virgin Orbit Holdings (NASDAQ: VORB) imploded on Thursday. The troubled space stock crashed 31.7% through 11:20 a.m. ET after announcing it's putting essentially all of its workers on unpaid leave. And I hate to say I told you so ...

2023-03-16 09:10:41 ET Esperion Therapeutics ESPR -58% in dustup with Daiichi Sankyo over milestone payments . LivePerson LPSN -38% on Q4 earnings release . Virgin Orbit VORB -37% on reports it's pausing operations as it seeks funding . First Republ...

2023-03-16 07:11:10 ET Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify Credit Suisse ( CS ) stock jumps 32% as lender secures $54B loan from Swiss National Bank. First Republic Bank ( FRC ) gains on report it's ...

2023-03-16 03:45:00 ET Virgin Orbit (NASDAQ: VORB) stock price cratered by over 31% in extended hours after the company neared the verge of bankruptcy. The firm has furloughed employees and started raising capital to save its business. As this crisis mounts, Virgin Galactic ( NYSE: SP...

2023-03-15 20:24:16 ET Virgin Orbit ( NASDAQ: VORB ) plummeted 32% on a report that its furloughing almost all of its employees and pausing work for a week as it seeks funding to stay afloat. Workers will get an unpaid furlough, according to media reports, which cit...

In a vividly titled piece that got no small amount of attention among space investors earlier this month, SpaceNews warned of a coming "bloodletting" in the space industry. Demand for space launch continues to grow despite the lingering effects of the pandemic, and despite the looming recessi...

Virgin Orbit ( NASDAQ: VORB ) on Tuesday provided an update on an anomaly it experienced during its initial UK launch, which caused its rocket to shut down shutdown prematurely. The company said it began its investigation into the failure within hours of the conclusion of the...

On 9 January 2023, during the first attempted orbital launch from the United Kingdom, Virgin Orbit’s LauncherOne experienced an anomaly, leading to a premature shutdown of the rocket and failure to reach orbit. Virgin Orbit began its investigation into the failure within hours of the c...

Virgin Orbit (NASDAQ: VORB) and Poland-based satellite manufacturer SatRev announced a follow-on launch services agreement (LSA) for additional launches of SatRev’s satellites in 2023 and beyond. This new agreement provides SatRev with the flexibility to launch 500 kg over multiple lau...