Why Virgin Galactic Stock Dropped Again Today
Space tourism pioneer Virgin Galactic's (NYSE: SPCE) stock closed Friday down another 4%, after falling nearly twice that on Thursday.
Yesterday, if you recall, Virgin Galactic struggled to overcome the weight of a pair of negative news items. A curiously worded employment status update from the company's now-former flight test director Mark Stucky advised future employers that he is no longer working with Virgin Galactic, and that he did not leave "on [his] own timeline."
This came just one day after Virgin Galactic's rival in space tourism, Blue Origin, got a bit of a backhanded compliment from one of its four inaugural space tourist customers, when Wally Funk returned from her first trip to space and commented:
Source Fool.com
