Virgin Group may sell up to 25 million of its Virgin Galactic shares to bolster travel business hit by COVID-19

📆 11.05.2020 18:52:00
📰 MarketWatch

⏱ Reading Time:
1 sec. here
2 min. at publisher
📊 Quality Score:
News: 4%
Publisher: 97%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Virgin Group's subsidiary Vieco 10 Ltd. said Monday it may sell up to 25 million of its shares of Virgin Galactic Holdings Inc. in an at-the-market offering. The company will use the proceeds to support its global leisure, holiday and travel businesses, that have been upended by the coronavirus pandemic and consumers comply with stay-at-home orders and other restrictions on movement. Virgin Galactic shares were down 6% premarket, but have gained 75% in the year to date, while the S&P 500 has fallen 11%.

Schreibe Kommentar

Oooooof

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

As COVID-19 Deaths Near 80,000, Trump Touts His Private Golf BusinessAs COVID-19 deaths near 80,000, Trump touts his private golf business Getting Trump to think about anything other than Trump is akin to getting fish to think about anything other than water. irresponsible in chief Just follow your normal routine don't worry about COVID-19
Herkunft: YahooNews - 🏆 380. / 59 Weiterlesen »

Deloitte BrandVoice: The Essence Of Resilient Leadership: Business Recovery From COVID-19Resilient leaders are defined first by five essential qualities of who they are, and then by what they do across three critical time frames: Respond, Recover, and Thrive. Deloitte 😭😂
Herkunft: Forbes - 🏆 394. / 53 Weiterlesen »