A logo of a Virgin Galactic is seen outside the building during the company’s first day of trading on the New York Stock Exchange (NYSE) on October 28, 2019 in New York City.
JOHANNES EISELE | AFP | Getty Images
Check out the companies making headlines in midday trading.
Virgin Galactic – The space company’s shares dropped 14% after a filing showed chairman Chamath Palihapitya sold his personal holdings of 6.2 million shares for about $213 million. He still owns 15.8 million shares with investment partner Ian Osborne. Palihapitiya, in a statement to CNBC, said that he plans to redirect the sale “into a large investment I am making towards fighting climate change.”