Why Virgin Galactic Stock Keeps Dropping
Two days ago, Virgin Galactic (NYSE: SPCE) went "to the moon" on news that it has reopened ticket sales for space tourism aboard its suborbital spaceplanes -- with flights to begin before the end of this year. But two days later, Virgin Galactic is on track to post back-to-back stock market losses -- down 9% as of 1:50 p.m. ET -- as investors begin to realize:
Virgin Galactic's next news announcement probably won't be so happy.
Image source: Getty Images.
Source Fool.com
