Virgin Galactic Crashes 32% on Settlement Dilution Fears, AST SpaceMobile Rises 10%, Planet Labs Climbs 9% Quick Read – Virgin Galactic (SPCE) stock crashed 32% after preliminary court approval for a shareholder derivative settlement reignited dilution fears tied to its capital…
alignment 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 three satellite launches on Falcon 9 in mid-June. – Planet Labs (PL) stock advanced 9%, bolstered by quarterly revenue of $81.25M, up 33% year over year, with remaining performance obligations surging 361% to $672.47M. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and AST SpaceMobile didn’t make the cut. Grab the names FREE today
Space stocks are splitting hard in Tuesday’s session. Virgin Galactic (NYSE:SPCE) stock is crashing 32% to around $5.08 in mid-morning trading, while AST SpaceMobile (NASDAQ:ASTS) stock climbs 10% to around $116 and Planet Labs (NYSE:PL) stock advances 9% to around $50.50. The divergence captures the latest chapter in an ongoing space-sector story.
Retail-driven proxy trades are unwinding, while operating businesses keep attracting bids. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and AST SpaceMobile didn’t make the cut. Grab the names FREE today.