Why Virgin Galactic Shares Are Down Today
Over the weekend, investors got a fresh reminder that space is hard. The lesson is weighing on shares of a number of space stocks on Monday, sending shares of Virgin Galactic Holdings (NYSE: SPCE) down nearly 5%.
Virgin Galactic tends to be a turbulent stock on even quiet market days, caught between the promise of space and the harsh reality that it is early days for space-based industries and there remains a lot of risk.
Virgin Galactic's crew for its historic first passenger flight. Image source: Virgin Galactic.
Source Fool.com
