Virgin Galactic Restructures Its Debt. How Bad Is This News, Exactly?
Source: Motley Fool
2026-01-03 05:25:00 ET
The news struck like a thunderbolt, subtracting 16% from Virgin Galactic 's (NYSE: SPCE) market capitalization in a matter of minutes.
On Dec. 9, space stock Virgin Galactic announced what it called a capital realignment , a plan to:
Investors revolted, and a stock that had closed the previous day at $4.55 per share ended up trading closer to $3.81. Over the next three weeks, shares of the space stock continued to slide, closing last week at just $3.16 per share, more than 30% below its pre-"capital realignment" price.
Virgin Galactic Holdings, Inc.
NASDAQ: SPCE
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SPCE Latest News
February 17, 2026 04:06:00 pm
Virgin Galactic Announces Date of Fourth Quarter and Full Year 2025 Financial Results and Conference Call
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$198,180,533
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