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Why Virgin Galactic Stock Flew Higher Today

·1 min read
Why Virgin Galactic Stock Flew Higher Today

Shares of Virgin Galactic Holdings (NYSE: SPCE), the high-profile space tourism company, closed Monday 3.5% higher. Late Friday afternoon, CNBC reported that Virgin Galactic's former CEO, George Whitesides, will be an important passenger on the company's next test spaceflight. The financial news outlet said that founder Richard Branson revealed the plan at a company party in July.