Virgin Galactic move higher attributed to flight test speculation

Shares of Virgin Galactic are up $2.46, or 5%, to $52.05 in apparent reaction to speculation regarding the company's plans for its next test flight. On February 12, Virgin Galactic issued a flight test update in a tweet that stated: "We have been progressing through our pre-flight preparations and, during that process, we have decided to allow more time for technical checks. We are working to identify the next flight opportunity." This morning, traders have been circulating a post from globalair.com regarding Spaceport America airport, which is being seen as being connected back to Virgin Galactic.

Sign Up

Get the InvestingChannel
Free e-Letter Today

Learn More

Independent market opinion, analysis and ideas - delivered every business day

Premium market opinions, analysis, and ideas - delivered every business day

Editor's Picks