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Why Virgin Galactic Stock Popped Again on Thursday


Shares of Virgin Galactic Holdings (NYSE: SPCE) continued to cruise higher Thursday morning after bouncing off of Tuesday's sell-off. Investors are responding positively to the company's announcement this morning that it has contracted to fly Kellie Gerardi, a researcher at the International Institute for Astronautical Sciences, on an upcoming research flight. 

As of 11 a.m. EDT today, Virgin Galactic stock was up 7.5% on the news.

Image source: Getty Images.

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Source Fool.com

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