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Does Virgin Galactic's Management Shake-up Signal a Buying Opportunity?

TheMotleyFool

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Does Virgin Galactic's Management Shake-up Signal a Buying Opportunity?: https://g.foolcdn.com/editorial/images/717274/blackboard-drawing-of-a-rocket-launching-labeled-2023.jpg

Virgin Galactic (NYSE: SPCE) stock is on a tear -- or at least it was.

From Dec. 27 through the first trading day of this week, Tuesday, shares of the iconic space tourism stock (that hasn't yet actually sent any paying tourists into space) soared a shocking 70%. Virgin Galactic put together an amazing (and perhaps unlucky) winning streak of 13 consecutive "up" days. And yes, this streak snapped with a resounding CRACK! on Wednesday as Virgin Galactic shares tumbled 12% in a falling stock market. But now the question arises: Which way will Virgin Galactic go next?

Will its winning streak resume, or is this the start of a new downtrend?

Source Fool.com

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