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

📆 11/05/2020 17:52:00

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

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%.

📆 11/05/2020 17:52:00
📰 MarketWatch

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

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Escrever Comentário

Oooooof

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

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
Consulte Mais informação »

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 😭😂
Consulte Mais informação »