Why Virgin Galactic Stock Sank 9% Today
My, how time flies. Was it just two days ago that Virgin Galactic (NYSE: SPCE), Sir Richard Branson's pioneering space tourism company, was one of the hottest stocks on the market, gaining 23% on no news whatsoever?
And yet, by Thursday, at 1:45 p.m. EDT, Virgin Galactic stock is down 8.9% -- again on no news.
So what's up with that?
Source Fool.com