Virgin Galactic (SPCE.US) released its Q2 results after Thursday’s session. The financial data surprised to the downside as the company lost $0.39 per share - a wider loss than expected as analysts predicted a $0.33 loss per share. Nevertheless, SPCE.US shares are rallying more than 7% at press time - why?
The firm is restarting ticket sales beginning at $450,000 - the new price is about double the $200,000 to $250,000 paid by around 600 people who previously booked seats on Virgin's spaceship between 2005 and 2014. As the company’s founder, Richard Branson, took part in a successful space flight, the company is said to be experiencing “a surge in consumer interest”. Some Wall Street analysts stress out that the reopening of space-tourism ticket sales is “a significant positive milestone for the company.”
إبدأ بالإستثمار اليوم أو تدرّب على حساب تجريبي
إنشاء حساب حساب تجريبي تحميل تطبيق الجوال تحميل تطبيق الجوال
SPCE.US shares jumped towards $35.80 today, but the price was unable to break above. The levels is marked with the 61.8% Fibonacci retracement of the drop started in February, but also the line marked with shoulders of the head and shoulders pattern seen on a daily chart. The area near the 50% Fibonacci retracement, which coincides with the 100-day and 200-day moving average, remains the first important support. Source: xStation5
