Virgin Galactic slides on $300 mln share sale
** Space tourism company Virgin Galactic's SPCE.N shares fall ~13% to $6.20 premarket
** Company enters sales agreement under which it may offer and sell its common stock of up to $300 mln
** Plans to use proceeds from the sales to further accelerate development and production of its spaceflight fleet
** SPCE has jumped 35% from an all-time low of $5.27 in early August
** YTD, stock has lost 85%
Reporting by Medha Singh
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