Speculative Frenzy Ignites Virgin Galactic Shares

Virgin Galactic’s stock surged dramatically in today’s trading session, closing at $3.82 after posting a substantial 8.7% gain. This upward movement was fueled by extraordinary options market activity, with investors snapping up 28,329 call contracts – a striking 60% increase above the typical daily average volume.

The company’s most recent quarterly report, dated August 6, 2025, reveals ongoing financial challenges:

• Q2 2025 Net Loss: $67 million
• Q2 2025 Revenue: $0.4 million
• Q3 2025 Free Cash Flow Forecast: -$100 to -$110 million

Despite these persistent losses, management has made progress on cost containment, reducing operating expenses to $70 million compared to $106 million during the same period last year. The company maintained a cash position of $508 million... Read more...