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Why Virgin Orbit Stock Rocketed Today


Start the countdown. Sometime between 4 p.m. and 6:30 p.m. Thursday, new space initial public offering company Virgin Orbit Holdings (NASDAQ: VORB) will conduct its first space launch as a publicly traded company.

Even before that happens, though, Virgin Orbit's own stock has launched into orbit, rising a solid 6% through 12:05 p.m. ET.

Image source: Virgin Orbit.

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Source Fool.com

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