Virgin Galactic’s Turbulent Ride: Can Space Tourism Turn $SPCE$ Into a Star or a Falling Satellite?
In‑Depth Report 1. Stock Performance Around 1 October 2025 Virgin Galactic shares hovered near multi‑year lows heading into October 2025. On 1 October, SPCE closed at $3.42; after‑hours trading modestly lifted the price to $3.44 finance.yahoo.com. The stock had tumbled about 41 % year‑to‑date through late September, extending a five‑year decline of roughly 99 % finance.yahoo.com. Volume on 1 October (about 2.2 million shares) trailed the average daily volume of 3.48 million finance.yahoo.com, suggesting subdued investor interest. In the days preceding 1 October, SPCE drifted between $3.30 and $3.70, reflecting investor skepticism after the company’s August earnings release. The negative sentiment stems from ongoing cash burn and delayed commercialization, although