Virgin Galactic Stock has dropped over 30% in 1 month! Why is this? Should you buy Virgin Galactic stock now? If you have any comments or questions with my SPCE stock analysis and chart analysis, drop me a comment down below!

Key Points:
- Virgin Galactic stock is seeing a lot of downwards momentum the past few days, likely because of a few downgrades of the stock from Morgan Stanley and Credit Suisse. It appears that most of the reasons for the downgrades revolve around lack of exciting launches in the near future. Other reasons for the downward momentum may be valuation. Investors should consider both of these reasons before acting on the stock.

- Virgin Galactic stock is seeing quite poor fundamentals, which is expected as this is a pre-revenue company. We see net loss is still increasing, mostly because of increasing costs in Sales, General and Administrative. Galactic appears to have some time left in the bank in terms of Cash and Cash Equivalence, but investors do have to consider share dilution.

- Investing in Virgin Galactic is a bit risky at the moment. There is a lot of momentum in the company at the moment, so we could see large volatility in the next few days because there are likely a lot of traders in the name. As always, you have to consider the upside and downside risks before investing in the stock.

Talk to Brandon on Discord:
  / discord  

Want a FREE way to help out our community? Open a Webull account and deposit $100 and you get 2 free stocks! (Valued up to $1600):
https://act.webull.com/kol-us/share.h...

Link (1) SPCE stock downgraded by Credit Suisse (CNBC):
https://www.cnbc.com/2021/08/12/virgi...

Link (2) SPCE stock downgraded by Morgan Stanley due to lack of exciting launches, expected lack of launches until Summer 2022 (Fox Business):
https://www.foxbusiness.com/markets/v...

Link (3) SPCE flights use HTPB and Nitrous Oxide (spacenews):
https://spacenews.com/virgin-galactic...

Link (4) SPCE use of Nitrous Oxide gas are worser for the environment than CO2 (Stanford):
https://news.stanford.edu/2020/10/07/...

Link (5) SPCE stock may be impacted by environmental impact of space flights (Space.com):
https://www.space.com/environmental-i...

Link (6) SPCE stock most recent earnings report:
https://s24.q4cdn.com/816362521/files...

Link (7) Real time trading chart of SPCE stock: https://thestockstudents.com/tradingv...

Subscribe: http://bit.ly/thestockstudents_subscribe
Website: thestockstudents.com

Disclosure:
I have a small position in SPCE at time of recording, less than 1% of my overall portfolio
thestockstudents.com/disclaimer

#VirginGalactic #SPCE #stockmarket