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Wall Street Breakfast

Virgin Orbit Slumps, Workforce Cuts

Fri, 31 Mar 2023

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Virgin Orbit (VORB) stock slumps ~43% in extended trading after co to ax nearly entire workforce. (00:42) Why did EVgo (EVGO) stock surge on Thursday? Stronger than expected earnings, upbeat outlook (02:07). Tesla (TSLA) reportedly eyeing US-based battery plant alongside CATL (03:45). Our links:Wall Street Breakfast:Seeking Alpha's Wall Street Breakfast brings the top news to investors every morning. Released by 8:00am ET, it's all the news you need to know for your market day.Seeking Alpha Premium: A comprehensive set of features and analysis that helps take the guesswork out of your investing decisions. Get the bottom-line on any stock or ETF with our Premium tools.Alpha Picks:Alpha Picks gives you two top stock picks each month, sifted from Seeking Alpha’s analysis of thousands of stocks. We do the work. You reap the rewards.Wall Street Breakfast on TwitterShow links:EVgo Q4 Earnings: Not An Exciting QuarterStone Fox Capital Trump indicted, calls case 'witch hunt'; Trump SPAC DWAC jumps (updated)Sam Bankman-Fried pleads not guilty to latest batches of chargesWells Fargo fined $97M for breaking U.S. sanctions rules

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