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Why Virgin Galactic Stock Roared Ahead on Tuesday


Shares of space tourism pioneer Virgin Galactic (NYSE: SPCE) took off like (what else?) a rocket on Tuesday, soaring 24.5% through 12:30 p.m. ET.

It's not hard to see why.

As soon as one week from now, a local newspaper reported, Virgin Galactic will conduct its first-ever paid space tourism flight, carrying a team of three Italian Air Force passengers to the edge of space. The window for this historic flight opens on June 27. And even if for some reason the flight cannot take place on that date, the company will have several more chances to make the flight as the window remains open through June 30.

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Source Fool.com

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