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Why Virgin Galactic Stock Dropped Another 5% This Morning


I imagine Virgin Galactic (NYSE: SPCE) shareholders humming a sad tune this month: "Wake Me Up When September Ends."

Since the start of this month, shares of the space tourism pioneer have fallen a depressing 14% through Wednesday's close. They're down again today -- 4.5% as of 9:45 a.m. EDT -- and perhaps most disconcertingly, Virgin Galactic shares are down on no news at all.

Image source: Getty Images.

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Source Fool.com

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