Why Virgin Galactic Stock Is Down Again Today
Shares of Virgin Galactic Holdings (NYSE: SPCE) mounted a brief rally Thursday morning, up as much as 5% in early trading, before falling in the afternoon. The stock, off 20% for the week and down 70% since the beginning of February, is still struggling to find a bottom.
Virgin Galactic hasn't had a lot of good news to share in recent months. The once high-flying stock has seen the debut of its space tourism business delayed, and we found out earlier this week that the company's next test flight, which it had hoped to complete this month, could be delayed due to new complications.
The interior of Virgin Galactic's spaceship. Image source: Virgin Galactic.
Source Fool.com
