Virgin Galactic News - June 2, 2026
Virgin Galactic Trades Debt for Shares After a 200% Rally — Is the Company Selling the Sizzle to Pay Its Bills?
Shares of Virgin Galactic cratered 36% to $4.81 on Tuesday after the company disclosed plans to redeem up to $30.5 million of high-interest debt by printing...
🔴 Virgin Galactic Holdings Inc is trading 36% down today on dilution concerns from a debt-redemption stock issuance plan
Virgin Galactic Holdings Inc is trading at $4.81 (-35.98%) as the company moves to manage its liquidity through a debt-for-equity swap, sparking investor...
Virgin Galactic to Redeem Up to $30.5M in Debt with Common Stock
Virgin Galactic announced a plan to redeem up to $30.5 million of its 9.80% First Lien Notes due 2028 ahead of schedule by issuing common stock instead of...
Virgin Galactic to Redeem $30.5 Million in Debt Using Stock
Virgin Galactic will redeem up to $30.5 million of its 9.80% First Lien Senior Secured Notes. The redemption is planned for June 10, 2026, ahead of schedule....