Virgin Galactic stock tanks as chairman cashes out $200 million personal stake CNN 3/5/2021 By Jackie Wattles, CNN Business © GENE BLEVINS/AFP/Getty Images Virgin Galactic s VSS Unity comes in for a landing after its suborbital test flight on December 13, 2018, in Mojave, California. - Virgin Galactic marked a major milestone on Thursday as its spaceship made it to a peak height, or apogee, of 51.4 miles (82.7 kilometers), after taking off attached to an airplane from Mojave, California, then firing its rocket motors to reach new heights. (Photo by Gene Blevins / AFP) (Photo credit should read GENE BLEVINS/AFP/Getty Images)
Shares of Virgin Galactic, the suborbital space tourism venture founded by British billionaire Richard Branson, plummeted Friday after the company s chairman dumped his personal stake in the company.
Virgin Galactic stock tanks as chairman cashes out $200 million personal stake
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