Virgin Galactic co-founder Sir Richard Branson, CEO George Whitesides and Social Capital CEO Chamath Palihapitiya pose together outside of the New York Stock Exchange ahead of Virgin Galactic trading in New York, U.S., October 28, 2019.— Shares of Newell Brands climbed 4.6% on Friday morning after beating Wall Street estimates on the top and bottom lines for its fourth quarter. The consumer products conglomerate reported adjusted earnings of 42 cents per share and $2.624 billion in revenue.
Virgin Galactic — Shares of the space tourism company jumped 16% after the company relocated its spacecraft to its operating base in New Mexico from its development facility in California. The stock hit a new all-time high of more than $28 a share, with Virgin Galactic CEO George Whitesides telling CNBC that the company will now conduct final test flights, aiming to later this year fly founder Sir Richard Branson to space.
Management highlighted the company's leading market share of the Canadian recreation market and strong demand for dried flower and pre-rolled joints. "In Q3 we executed across Canada, in our international markets and in our strategic acquisitions to drive revenue growth," said David Klein, the marijuana company's new chief executive.
Nvidia has been absolutely killing it for me. I want to sell but can't.
I like computers
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Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »