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Mangeet Kaur Bouns

Volume in This Stock Is out of This World, and It’s Time to SELL

Company SEC Dan Hart Mangeet Kaur BounsMangeet Virgin Orbit Holdings Inc

Space company Virgin Orbit Holdings, Inc.’s (VORB) stock is sliding drastically after the company’s recent filing for Chapter 11 bankruptcy protection. The satellite launching business struggled to secure a funding lifeline following a failed launch in January. With this news came heavy trading of SI, and most shareholders unloaded the stock.

Following the lead, investors should sell this risky stock now because of its weak fundamentals and gloomy outlook.

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