Virgin Galactic Holdings, Inc (SPCE)

Virgin Galactic Holdings, Inc (SPCE)


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Virgin Galactic Holdings, Inc (SPCE) Profile

Virgin Galactic Holdings, Inc. is an American integrated spaceflight company pioneering human spaceflight for private individuals and researchers. It is developing a spaceflight system designed to offer customers/tourists a unique and transformative experience. In February 2019, the project carried three people, including a passenger, on VSS Unity VF-01, with a team member floating within the cabin during a spaceflight that reached 89.9 kilometres (55.9 mi). After two years, on July 11, the company founder Richard Branson and three other employees rode on a flight as passengers, marking the first time a spaceflight company founder has travelled on his own ship into outer space. The company scheduled regular paid passenger service flights to begin in 2022 after completing two more test flights. The market cap of the company is USD 6.33B.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
16:30-23:00
Mon
16:30-23:00
Tue
16:30-23:00
Wed
16:30-23:00
Thu
16:30-23:00
Sun
Closed
Sat
Closed

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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