The flight test of the spacecraft VSS Unity, carried by the aircraft VMS EVE, was conducted by Virgin Galactic.
Virgin Galactic
Take a look at the premarket trading winners:
Virgin Galactic — Shares surged by nearly 45% in premarket trading after announcing the upcoming first commercial space tourism flight in June. The company plans to conduct its second commercial flight in August, followed by monthly flights.
Adobe — The tech giant’s stock rallied by nearly 5% after exceeding earnings and revenue expectations in its recent report. Additionally, Adobe raised its forecast for the fiscal third quarter and full year, projecting strong performance.
iRobot — Shares of iRobot surged by more than 20% following the approval from Britain’s regulator, Competition and Markets Authority, for Amazon’s $1.7 billion acquisition of the Roomba vacuum cleaner. Amazon’s shares remained flat.
SoFi Technologies — Shares of SoFi Technologies dropped approximately 6% as Bank of America and Piper Sandler downgraded the stock to neutral from buy due to its high valuation. However, Piper Sandler referred to the financial technology firm as a “long-term winner.” Oppenheimer also downgraded the stock recently due to its rapid appreciation.
Cava Group — The recently debuted restaurant stock continued to rise, increasing by over 4% in premarket trading after a significant surge in Thursday’s session. Cava closed at $43.78 per share on its first day of trading, which was 99% above its IPO price of $22 per share.
Micron Technologies — The chip manufacturer’s stock gained almost 3% following a report by Bloomberg that suggested Micron is close to finalizing a $1 billion deal for constructing a new factory in India.
DraftKings — Shares of the online betting company increased by more than 1% after making a $195 million offer for PointsBet’s U.S. assets, outbidding Fanatics.
— Reporting by CNBC’s Jesse Pound.
