Why Virgin Galactic Shares Are Down Today

Over the weekend, investors got a fresh reminder that space is hard. The lesson is weighing on shares of a number of space stocks on Monday, sending shares of Virgin Galactic Holdings (NYSE: SPCE) down nearly 5%.

Virgin Galactic tends to be a turbulent stock on even quiet market days, caught between the promise of space and the harsh reality that it is early days for space-based industries and there remains a lot of risk.

Virgin Galactic's crew for its historic first passenger flight. Image source: Virgin Galactic.

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Source Fool.com