Why Virgin Galactic Stock Popped 6% This Morning

Shares of space tourism pioneer Virgin Galactic (NYSE: SPCE) jumped nearly 6% in early trading in the NYSE today before beginning to retrace as the morning wore on. As of noon EDT, the stock remained up 2.2%. But why did Virgin Galactic go up in the first place?

I have a theory.

Image source: Virgin Atlantic.

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Source Fool.com