Why Virgin Galactic Stock Just Popped 12.5%
Stock markets are in free fall again as we close out the week this Friday. The Dow is down 2.9% in noonday trading, the Nasdaq off 1.6%, and the S&P 500 -- probably the best gauge of the overall health of the market -- is somewhere in the middle, down 2.3%.
But the news isn't all bad. Shares of space tourism pioneer Virgin Galactic (NYSE: SPCE) stock are finally breaking their losing streak and bouncing back a solid 12.5%.
Why?
Source Fool.com