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Virgin Galactic Crashes 32% on Settlement Dilution Fears, AST SpaceMobile Rises 10%, Planet Labs Climbs 9%
247Wallst· 2026-06-02 22:47
Virgin Galactic Crashes 32% on Settlement Dilution Fears, AST SpaceMobile Rises 10%, Planet Labs Climbs 9% By David Moadel Published Jun 2, 10:47AM EDT Quick Read Virgin Galactic (SPCE) stock crashed 32% after preliminary court approval for a shareholder derivative settlement reignited dilution fears tied to its capital realignment plan, though the shares are still up 55% year to date. AST SpaceMobile (ASTS) stock climbed 10% after the company reaffirmed FY2026 revenue guidance of $150M-$200M and confirming ...