Why Virgin Galactic Stock Popped Today
You might think that, two days after SpaceX launched four humans into the farthest reaches of space since the Apollo missions, customers' interest in paying $250,000 to $450,000 a ticket for a brief glimpse at space aboard a suborbital spaceplane would wane.
That's not how Wall Street is thinking about this, however. In twin notes covered by StreetInsider.com yesterday, space analysts at both Cowen and Jefferies Group reiterated their confidence in Virgin Galactic Holdings (NYSE: SPCE) stock as an investment.
And Virgin Galactic stock is up a strong 5.9% in response, as of 3 p.m. EDT Friday.
Source Fool.com