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Why Virgin Galactic Stock Dropped Again Today

TheMotleyFool

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Why Virgin Galactic Stock Dropped Again TodayPhoto, wide shot, wide-angle lens, Grocery store, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/9a6c3fc6-53ff-4c6e-848b-263660ac3eb0.png

Shares of space tourism company Virgin Galactic (NYSE: SPCE) dropped for the second session in a row Thursday, closing down 3.8% after slipping only a fraction of a percent Wednesday.

The declines followed a longer period of rising share prices at Virgin Galactic, culminating in Wednesday's peak price of $23.51, which was reached after the company announced that its VMS Eve "mothership" (not the VSS Unity spaceplane) had just completed a flight test out of Spaceport America.

The excitement about this event, however, seems to have worn off quickly.

Source Fool.com

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