The stock was down 5% so far in July. For the year, however, the stock has gained nearly 84%, compared with an advance of about 17% for the S&P 500 index.
Virgin Galactic Holdings Inc. has filed to sell 500 million shares, according to a regulatory filing Monday, sending the stock lower after the weekend’s successful space-tourism flight.
The stock was poised for its lowest close in about two weeks and down 5% so far in July. For the year, however, the stock has gained nearly 84%, compared with an advance of about 17% for the S&P 500 index. SPX, +0.27%
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