Shares of Virgin Galactic Holdings Inc. have bounced back by 3.9% in premarket trades on Thursday, following a slight decline over the past two days. Recent Volatility The stock has experienced a downturn for five out of the last six days. This trend continued on Tuesday when it closed the session with a 6.8% drop, marking its most significant daily percentage decline since … [Read more...] about Virgin Galactic Holdings Inc. Sees Rebound in Pre-market Trades
Forex News
Recent data reveals increase in jobless claims and potential impact on labor market
The numbers Recent data reveals that the number of Americans applying for unemployment reached a nearly three-month high of 224,000 by the end of January. While this may indicate a slight softening in the robust labor market, it is important to note that the initial jobless claims increased by 9,000 in the seven days ending January 27, up from 215,000 in the previous week. … [Read more...] about Recent data reveals increase in jobless claims and potential impact on labor market
Heart Aerospace Raises $107 Million in Series B Funding
*Stockholm—*Swedish hybrid-electric airplane manufacturer Heart Aerospace has successfully raised $107 million in Series B funding. This latest round of financing brings the company's total funding to $145 million as it continues to develop its first aircraft, the ES-30. The ES-30 is expected to be certified and ready for service by 2028. A Sustainable Airplane Solution Heart … [Read more...] about Heart Aerospace Raises $107 Million in Series B Funding
Clorox Co. Reports Strong Recovery and Sales Growth
Clorox Co. experienced a significant boost in its shares, climbing 6.7% in extended trading on Thursday. The bleach and cleaning products manufacturer has successfully rebounded from last year's cybersecurity attack, which had caused widespread disruption to its operations. Impressive Sales Growth In the fiscal second quarter, Clorox reported sales of $1.99 billion, reflecting … [Read more...] about Clorox Co. Reports Strong Recovery and Sales Growth
Public Property Invest Plans for IPO and Listing in Oslo
Public Property Invest, a Norwegian property owner, is currently preparing for a potential initial public offering (IPO) and listing in Oslo. This move comes as Sweden's SBB holds a significant 44.8% stake in the company. SBB, also known as Samhallsbyggnadsbolaget i Norden, acquired an extensive portfolio of public property including social housing, healthcare facilities, … [Read more...] about Public Property Invest Plans for IPO and Listing in Oslo
