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: Virgin Orbit stock plunges after report says company will cease operations
Virgin Orbit Holdings Inc. VORB reportedly plans to cease operations and lay off roughly 90% of its staff, according to a Thursday afternoon CNBC report. Its shares were plunging 47% in after-hours trading after declining 16% in Thursday’s regular session. The company is making the move after failing to secure necessary funding, Chief Executive Dan […] The post : Virgin Orbit stock plunges after report says company will cease operations appeared first on ForexTV...
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Posted: Mar 30 2023, 21:24
Author Name: forextv
Views: 082161