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StockNews.com
StockNews.com
Business
Aanchal Sugandh

Buy or Sell for June: Virgin Galactic Holdings (SPCE)

Virgin Galactic Holdings, Inc. (SPCE) manufactures and operates spaceships and related technology for commercial human spaceflight and commercial research and development payloads in space. It also carries out ground and flight testing and post-flight maintenance on its spaceflight system vehicles.

On May 25, SPCE successfully completed its Unity 25 space mission. Although such milestones should generally contribute to the company’s success, SPCE faces several financial challenges which could significantly affect its overall performance.

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