Virgin Galactic Shares Drop 32% Amid Dilution Fears; AST SpaceMobile and Planet Labs Rise

Virgin Galactic (SPCE) fell sharply by 32%, driven by concerns over dilution from a shareholder settlement, while AST SpaceMobile (ASTS) rose 10% after reaffirming revenue guidance. Planet Labs (PL) climbed 9% following strong quarterly results and rising performance obligations.

By David Moadel Tue, June 2, 2026 at 5:47 PM GMT+3 4 min read · Yahoo Finance · June 2, 2026, 14:47 UTC

Tickers: $ASTS $PL $SPCE

Topics: capital_realignment revenue_guidance shareholder_settlements space_sector

Read the full article at Yahoo Finance

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