Pedestrians wearing protective masks wait to enter a Disney store in San Francisco, California, on Wednesday, Dec. 23, 2020.
David Paul Morris | Bloomberg | Getty Images
Check out the companies making headlines in midday trading.
Virgin Galactic — Shares of Virgin Galactic were down 14% in midday trading after the space company filed to sell up to $500 million in common stock. The swoon came despite a successful test flight over the weekend with founder Sir Richard Branson. The stock, which trades under ticker SPCE, was halted for volatility earlier in the session.
Cheesecake Factory — Shares of the restaurant chain jumped nearly 3% after Raymond James upgraded its shares to outperform…