Virgin Galactic stock dives toward a record low after long-time bull cuts rating and slashes price target by two-thirds
May 09, 2022 at 08:41 AM EDT
Shares of Virgin Galactic Holdings Inc. took a dive Monday toward a record low, after Truist analyst Michael Ciarmoli said there are a handful of reasons he's no longer bullish on the space-tourism company, but mostly because of the postponement of commercial flights.
