(Reuters) -Space tourism company Virgin Galactic announced a 1-for-20 reverse stock split on Wednesday, sending its shares down 19% in extended trading. The stock split is expected to go into effect on June 14 after markets close and resume trading on .
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Virgin Galactic announced a
1-for-20 reverse stock split of the company s common stock on
Wednesday, sending its shares down 12% in extended trading.
(Reporting by Zaheer Kachwala in Bengaluru;.
(Reuters) -Space tourism company Virgin Galactic announced a 1-for-20 reverse stock split on Wednesday, sending its shares down 19% in extended trading. The stock split is expected to go into effect on June 14 after markets close and resume trading on .
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