Why Virgin Galactic Stock Fell Out of Orbit Today
Shares of Virgin Galactic (NYSE: SPCE) headed earthward at the end of the week. This followed hot rumors of another celebrity going into space. On Friday, the company's stock ended the day just under 5% below its previous closing price.
The famous person apparently launching into the Great Void is actor Pete Davidson, perhaps best known for being a longtime cast member of Saturday Night Live. Various media articles published late Thursday said that Davidson was in talks for an upcoming space flight.
Source Fool.com