It keeps getting worse for holders of common stock in the space-launch start-up
Virgin Orbit
They shouldn’t expect much improvement from here.
Monday evening, the company said the Nasdaq Stock Market planned to delist its shares. Stock trading is due to be suspended on Thursday. The company is appealing the delisting decision, but the process won’t affect this week’s suspension.
Source: https://www.barrons.com/articles/virgin-orbit-stock-price-delisting-bankruptcy-ae546416?siteid=yhoof2&yptr=yahoo