Why Virgin Galactic Stock Just Bounced

After a month of almost uninterrupted selling, investors are buying Virgin Galactic Holdings (NYSE: SPCE) stock again today. From Feb. 8 through close of trading on March 8 last night shares of the space tourism company lost more than half their value. But today, Virgin Galactic shares are up 9.5% as of 10 a.m. EST.

Why?

Image source: Getty Images.

Continue reading


Source Fool.com