What's Going On With Virgin Galactic Stock Friday
Portfolio Pulse from Anusuya Lahiri
Virgin Galactic (NYSE:SPCE) stock is trading higher after announcing plans to launch its first commercial spaceflight, Galactic 01, between June 27-30, and a second flight in early August. The first flight will carry three crew members from the Italian Air Force and National Research Council of Italy for microgravity research.
June 16, 2023 | 2:14 pm
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Virgin Galactic's stock is trading higher after announcing plans for its first commercial spaceflight in late June and a second in early August.
The announcement of Virgin Galactic's first commercial spaceflight and a second one shortly after is a significant milestone for the company, showcasing its progress in the space tourism industry. This news is likely to boost investor confidence and drive the stock price higher in the short term.
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IMPORTANCE 90
RELEVANCE 100