![Virgin Galactic reverse stock split: Shares tumble as space tourism company fights to stay listed on the NYSE](https://images.fastcompany.com/image/upload/w_1280,q_auto,f_auto,fl_lossy/wp-cms-2/2024/06/p-1-91140478-virgin-galactic-stock-split.jpg)
Virgin Galactic reverse stock split: Shares tumble as space tourism company fights to stay listed on the NYSE
Fast CompanyVirgin Galactic Holdings, the space tourism company founded by Richard Branson, said Thursday that its board of directors has sanctioned a 1-for-20 reverse stock split of the company’s common stock. This reverse stock split is set to take effect at 5 …