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Why Virgin Galactic Stock Dropped 2% Today

Why Virgin Galactic Stock Dropped 2% Today

Shares of space tourism start-up Virgin Galactic Holdings (NYSE: SPCE) are down 2% as of 3:15 p.m. EDT. Virgin Galactic is due to report its Q2 earnings on Thursday -- or more precisely, its Q2 losses. Analysts have Virgin Galactic pegged for a $0.33 per share loss for the quarter, 10% worse than last year's Q2 loss of $0.30 per share.