Why Virgin Galactic Stock Is Rocketing Higher After Hours
Portfolio Pulse from Adam Eckert
Virgin Galactic Holdings Inc (NASDAQ:SPCE) announced the start of commercial spaceline operations, with its first commercial spaceflight, Galactic 01, set to fly between June 27 and June 30. The company's second commercial spaceflight is expected in early August, followed by monthly spaceflights.
June 15, 2023 | 8:31 pm
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Virgin Galactic's announcement of commercial spaceline operations and upcoming spaceflights has led to a 24.1% surge in its stock price after hours.
The announcement of Virgin Galactic's commercial spaceline operations and upcoming spaceflights is a significant milestone for the company, indicating progress in its business plan. This positive news has led to a surge in its stock price, reflecting increased investor confidence in the company's future prospects.
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