Why Virgin Galactic Stock Gained Altitude This Week
The countdown to Richard Branson's voyage into space has begun, and investors are getting excited. Shares of Virgin Galactic Holdings (NYSE: SPCE) were up nearly 14% for the week, as of 2 p.m. EDT Thursday, continuing what has been a turbulent few weeks for the space tourism stock.
If all goes to plan, Branson will take his first flight aboard a Virgin Galactic spacecraft on Sunday, July 11, winning the billionaire space race against Jeff Bezos and ushering in the era of space tourism. Virgin Galactic shareholders have been waiting a long time for this day (Branson had originally hoped to go last summer to celebrate his 70th birthday), and investors are understandably excited.
Image source: Virgin Galactic.
Source Fool.com
