Virgin Orbit stock plunges after report says company will cease operations

Virgin Orbit stock plunges after report says company will cease operations

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Virgin Orbit Holdings Inc. plans to cease operations, according to a CNBC report Thursday afternoon. Virgin Orbit stock VORB, plunged 46% in after-hours trading after declining 16% in Thursday’s regular session. The company is making the move after failing to secure necessary funding, Chief…

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