2020-07-09 00:00:00, Rich Smith, The Motley Fool
Content Categorization
/Business & Industrial
/News/Business News/Financial Markets News
/Finance/Investing/Stocks & Bonds
Word Count:
409
Words/Sentence:
26
Reading Time:
2.05 min
Reading Quality:
Intermediate
Readability:
9th or 10th
What happened
Virgin Galactic (NYSE:SPCE) stock made like a rocketship and blasted off Thursday, rising 15% in early trading, and was still hanging onto about a 10.2% gain at 12:05 p.m. EDT.
That's the good news.
(And even then, analysts polled think Virgin Galactic is likely to report a $0.25-per-share loss — hardly something to get excited about.)
Now what
In short, there's simply no good reason for Virgin Galactic stock to be rising today — certainly not spiking 10% higher, much less 15%.
After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*
David and Tom just revealed what they believe are the ten best stocks for investors to buy right now… and Virgin Galactic Holdings, Inc.
10 stocks we like better than Virgin Galactic Holdings, Inc.
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The Motley Fool owns shares of and recommends Twitter and Virgin Galactic Holdings Inc.
Keywords
Default Partners, MSN, 10% Promise, usmf-industrials, Yahoo News
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