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Why Virgin Galactic Stock Took Off Today

TheMotleyFool

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Why Virgin Galactic Stock Took Off Today: https://g.foolcdn.com/editorial/images/742021/view-of-space-from-a-virgin-galactic-spaceplane-is-spce.jpg

Virgin Galactic (NYSE: SPCE) stock is on the rise Monday, up 8.9% as off 12:05 p.m. ET. It's not too hard to figure out why.

Tuesday is earnings day, and investors are hopeful.

Analysts have set the bar low for Virgin Galactic's second-quarter report. According to data from Yahoo! Finance, all it will have to do is report better than a $0.51 per share loss and more than $2.7 million in revenue to exceed expectations.

Source Fool.com

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