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Why Virgin Galactic Stock Sank 9% Today

TheMotleyFool

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Why Virgin Galactic Stock Sank 9% TodayPhoto, wide shot, wide-angle lens, Clothing manufacturer, neutral atmosphere, photo by Galina Stepanova: https://img.theapi.app/temp/4c710447-f68a-47bc-a682-c2d83e801596.png

My, how time flies. Was it just two days ago that Virgin Galactic (NYSE: SPCE), Sir Richard Branson's pioneering space tourism company, was one of the hottest stocks on the market, gaining 23% on no news whatsoever?

And yet, by Thursday, at 1:45 p.m. EDT, Virgin Galactic stock is down 8.9% -- again on no news.

So what's up with that?

Source Fool.com

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