Virgin Galactic Sinks on Dilution Fears as Space Stocks Rally
TL;DR Summary
Virgin Galactic fell about 32% after preliminary court approval of a shareholder derivative settlement reignited dilution fears tied to its capital realignment plan, while AST SpaceMobile rose ~10% on reaffirmed FY2026 guidance and planned Falcon 9 launches, and Planet Labs advanced ~9% on strong revenue and growing remaining performance obligations.
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