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Why Virgin Galactic Stock Popped 7% Today


Virgin Galactic (NYSE: SPCE) stock is getting ready to report earnings -- and shareholders are ebullient. On Monday, Virgin shares soared nearly 10% at one point, before retracing to close the day up a still healthy 6.9%.

Why? This morning, Virgin Galactic announced its earnings release date for fiscal fourth quarter and full-year 2019 numbers. Earnings will arrive February 25, after close of trading for the day. 

Image source: Virgin Galactic.

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Source Fool.com

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