Why Virgin Galactic Stock Just Popped 6%
Shares of space tourism pioneer Virgin Galactic (NYSE: SPCE) are on the move again Monday -- up 6.2% as of 1 p.m. EDT -- and for the silliest of reasons:
On Monday morning, StreetInsider.com reported that Alembic Global Advisors had initiated coverage of the company with an overweight rating.
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Source Fool.com