Richard Branson sells over $150 million in Virgin Galactic stock

(CNBC) Sir Richard Branson, the founder of Virgin Galactic who helped take the company public in 2019, sold more than $150 million worth of the company’s stock over the past three days, a securities filing on Wednesday revealed. Branson, and four entities he controls including Virgin Group, sold 5,584,000 shares of Virgin Galactic between April 12 and 14. The shares were worth $150.3 million, sold at prices between $26.85 and $28.73.

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