Note: This thread is related to #Coronavirus #COVID19

Follow the World Health Organization's instructions to reduce your risk of infection:

1/ Frequently clean hands by using alcohol-based hand rub or soap and water.

2/ When coughing and sneezing cover mouth and nose with flexed elbow or tissue - throw issue away immediately and wash hands.

3/ Avoid close contact with anyone that has fever and cough.

Michael Sheetz+ Your Authors @thesheetztweetz Space Reporter @CNBC | pitches [email protected] | DM for cell, WhatsApp, Signal, ProtonMail | formerly @DJNF @ESTribune | alumnus @TheKingsCollege Mar. 24, 2020 1 min read + Your Authors

Morgan Stanley upgrading Virgin Galactic back to overweight from equal-weight, with the stock below $13 after topping $40 last month.

“The world has changed ... however, the story and the balance sheet remains intact.” $SPCE

Morgan Stanley: “The company maintains a healthy cash position (~$500m) and it’s expected ~$16m per month cash burn position it will to navigate any near-term headwinds.” (That’s a little over 2.5 years of runway) $SPCE

Morgan Stanley: “Where could we go wrong? Deposits may be pulled and demand falls ... the market for space tourism is driven by demand for luxury experiences, which could be hampered in a post-COVID-19 world.” $SPCE

Virgin Galactic is "the Great Space
Coaster," in Morgan Stanley's words:

$SPCE


You can follow @thesheetztweetz.



Bookmark

____
Tip: mention @threader_app on a Twitter thread with the keyword “compile” to get a link to it.

Enjoy Threader? Sign up.

Since you’re here...

... we’re asking visitors like you to make a contribution to support this independent project. In these uncertain times, access to information is vital. Threader gets 1,000,000+ visits a month and our iOS Twitter client was featured as an App of the Day by Apple. Your financial support will help two developers to keep working on this app. Everyone’s contribution, big or small, is so valuable. Support Threader by becoming premium or by donating on PayPal. Thank you.