Why Virgin Galactic Stock Is Giving Back Its Gains Today
Stock of Virgin Galactic Holdings (NYSE: SPCE), the pioneering space tourism company founded by Sir Richard Branson, had a good week last week. After unveiling its shiny new VSS Imagine spaceplane on Tuesday, Virgin stock enjoyed a three-day run of ever-increasing stock prices.
Less than a week later, however, Virgin shares are coming back down to Earth -- down 6.3% as of 12:30 p.m. EDT Monday.
Image source: Virgin Galactic.
Source Fool.com
