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      Shares of Virgin Galactic Holdings, Inc. (NYSE: SPCE) leapt in pre-market trading - Stocks Telegraph

      By Hasnain R

      Published on

      December 2, 2020

      12:54 PM UTC

      Shares of Virgin Galactic Holdings, Inc. (NYSE: SPCE) leapt in pre-market trading - Stocks Telegraph

      Virgin Galactic Holdings, Inc. (NYSE: SPCE) stock soared 2.65% to $29.1 in the pre-market session following the report of its new flight timeline since the company suspended plans for spaceflight in response to the New Mexico Department of Health’s state recommendations to minimize the spread of COVID-19.

      Depending on decent weather conditions and operational readiness, the new flight window will open on December 11. This flight is intended to achieve a range of goals, including the testing of customer cabin parts and the assessment of improved horizontal stabilizers and flight controls while boosting. As part of the NASA Flight Opportunities Initiative, the flight will carry payloads as well.

      The flight will be operated exclusively by essential personnel. In compliance with business and state COVID-19 guidelines, no visitors or journalists will be on-site. To support pre-flight activities in advance of the flight and on the flight’s day, only necessary personnel will be on hand.

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