By Nicholas G. Miller
Shares of Virgin Galactic jumped after investor Rich Huang and his firm RichRich Capital disclosed stakes in the company.
The stock rose 16% to $7.20. It has more than doubled so far this year.
On Friday, Rich Huang disclosed a 5.26% stake in the company while RichRich Capital, of which Huang is the sole member, reported a 4.62% stake.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
June 01, 2026 11:40 ET (15:40 GMT)
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