🧊 Cold Stocks🧊

Today's news on Virgin Galactic and Warner Brothers

Virgin Galactic plunges

Virgin Galactic plunged 14.2% in premarket trading after the company announced a delay in the commercial launch of space flights until the second quarter of 2023. Virgin Galactic also said it would sell up to $300 million in stock to boost its cash reserves

🟥 $SPCE (🔽-11.19%)

Warner Brothers Discovery shares fall after EC

Warner Brotehrs Discovery shares plunged 11.6% in premarket trading after the company reported a quarterly loss and revenue that fell short of Wall Street forecasts.

🟥 $WBD (-0.62%) (🔽 -8.77%)