On June 13th, Gelunhui | Virgin Galactic (SPCE.US) fell more than 13% in early trading, hitting a low of $0.74; the current decline has narrowed to 8.7%. On the news front, Virgin Galactic's board of directors has approved a 1:20 reverse stock split of its common stock to meet the minimum stock price requirement to continue trading on the New York Stock Exchange. The reverse stock split is expected to take effect after the market close on June 14th (Friday).
美股异动｜维珍银河一度跌超13% 拟进行1：20反向拆股
US stocks fluctuate | Virgin Galactic fell more than 13% at one point, planning a 1:20 reverse stock split.
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