Why Virgin Galactic Stock Popped 7.5% -- Then Gave Most of It Back

For the better part of two weeks, space tourism stock Virgin Galactic (NYSE: SPCE) has been ginning up enthusiasm for its next test flight, announcing that the "flight window" would open on Dec. 11.  

Well, Dec. 11 is here, Virgin Galactic's bird is still not in the air, and its stock -- up 7.5% at one point this morning -- is now hanging on to just 2.2% at noon EST.

Image source: Virgin Galactic.

Continue reading

Source Fool.com