to anybody. Investors appear to like his moxie. Virgin Galactic shares rocketed 27% higher premarket.
But Messrs. Branson and Bezos aren’t hogging all the space-based market action. Astra Space , which just began trading on Thursday through a SPAC deal, was up 3.4% premarket. And speaking of going public, a couple of this week’s big IPOs are bouncing around ahead of the bell. Krispy Kreme became a publicly traded company for the second time in its history this week, and itson their first day. But Friday morning investors were losing their sweet tooth, dragging the shares down 3.6% premarket.
Chinese ride-hailing giant Didi Global shares added 2.4% premarket. The company started trading in New York on Wednesday, and managed toon its first day. Then on Thursday the stock jumped 16%. Guess investors just needed a moment before revving their engines. It’s a good day to be in the business of food. Packaged-food maker Conagra and agricultural giant Archer Daniels Midland were both ticking higher premarket, by 2.3% and 1.6% respectively.
The space-tourism battle AND the planet are heating up YEAh!! Let's deplete that ozone layer even more!! WooHoo!!!