Why Virgin Galactic Stock Dropped Again Today
Shares of space tourism company Virgin Galactic (NYSE: SPCE) dropped for the second session in a row Thursday, closing down 3.8% after slipping only a fraction of a percent Wednesday.
The declines followed a longer period of rising share prices at Virgin Galactic, culminating in Wednesday's peak price of $23.51, which was reached after the company announced that its VMS Eve "mothership" (not the VSS Unity spaceplane) had just completed a flight test out of Spaceport America.
The excitement about this event, however, seems to have worn off quickly.
Source Fool.com
