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A world of Trading assets

Virgin Galactic aimed for the stars but are struggling to get off the ground

Authored by TD Markets
2 min

Yesterday’s movers:

  • The Boeing Company (BA) was up 5.49% as China close to resuming Dreamliner deliveries 
  • Tencent Music Entertainment Group (TME) was down 4.97%
  • Wynn Resorts (WYNN) was up 4.36% on the incrementally good news of Macau
  • Pinterest Inc (PINS) WAS UP 4.31%

Earnings due today

NetEase Inc NTES Pre-Market

Walmart Inc WMT Pre-Market

The Home Depot Inc HD Pre-Market

Stocks to watch: 

Virgin Galactic Holdings (SPCE)

Virgin Galactic beat earnings and revenue during its third quarter earnings results, the downside however is that its commercial space tourism service was delayed to the fourth quarter of 2022.

Technically the chart is still holding in a strong downward trend, with a retracement back up to the 20 moving average on the daily with a strong rejection, more possible downside may be expected to the $15 levels.

Authored by TD Markets
2 min
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