Why Virgin Galactic Stock Just Jumped 9%

Volatile space stock Virgin Galactic Holdings (NYSE: SPCE) is rewarding investors once again on Wednesday, rising 8.7% through 12:15 p.m. EST on no obvious news -- or at least, no obviously new news.

Two days ago, a tweet from the space tourism pioneer emphasized to investors that its recently postponed flight-test schedule could be back on track in short order. The New Mexico health order that froze Virgin's operations two Mondays ago was set to expire just two weeks later. That means that, technically at least, Virgin could be back in business as early as Nov. 30.

And it seems investors today are optimistic that it will be.

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Source Fool.com