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Prof G Markets: Virgin Galactic is Going to Zero, Stock as Collateral + Instacart & the IPO Market
The Prof G Pod with Scott Galloway
Virgin Galactic's Earnings
Space travel company Virgin Galactic reported fourth quarter earnings and investors were not happy. Net losses almost doubled to $150 million for the quarter on an adjusted eBay basis. revenue beat expectations, but the number was basically negligible. Shares fell 16% in after hours trading.
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