Investing

Richard Branson sells over $150 million in Virgin Galactic stock

0


Richard Branson, Founder of Virgin Galactic (C) poses next to George T. Whitesides (R), CEO of Virgin Galactic Holdings after ringing the First Trade Bell to commemorate the company’s first day of trading on the New York Stock Exchange on October 28, 2019.

Johannes Eisele | AFP | Getty Images

Sir Richard Branson, the founder of Virgin Galactic who helped take the company public in 2019, sold more than $150 million worth of the company’s stock over the past three days, a securities filing on Wednesday revealed.

Branson, and four entities he controls including Virgin Group, sold 5,584,000 shares of Virgin Galactic between April 12 and 14. The shares were worth $150.3 million, sold at prices…



Source cnbc.com

JPMorgan (JPM) earnings Q1 2021 smash estimates

Previous article

American Eagle says first-quarter sales set to top $1 billion

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Investing