FAA allows Virgin Galactic to resume launches after mishap probe

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Go back to FAA allows Virgin Galactic to resume launches after mishap probe

Virgin Galactic (SPCE) FAA Clearance News Lifts Overhang - Jefferies

September 30, 2021 8:12 AM EDT

Jefferies analyst Greg Konrad reiterated a Buy rating and $33.00 price target on Virgin Galactic (NYSE: SPCE) after the FAA close its inquiry that opened on Aug 11 allows Virgin Galactic to restart spaceflights.

"In our view, the announcement lifts an overhang for SPCE,... More

Virgin Galactic (SPCE) Stock Soars on Granted Approval to Fly Again, BofA Weighs In

September 30, 2021 7:10 AM EDT

Shares of Virgin Galactic (NYSE: SPCE) are up over 8% in pre-open Thursday after the Federal Aviation Administration (FAA) cleared the company to return to flight yesterday.

The review of the flight that carried Sir Richard Branson into space in July was finalized and the regulatory body accepted that SPCE made required changes to its... More