Why Virgin Galactic Shares Plunged 15.9% in February

Travis Hoium, The Motley Fool
·2-min read
Why Virgin Galactic Shares Plunged 15.9% in February

Shares of space tourism company Virgin Galactic (NYSE: SPCE) dropped 15.9% in February, according to data provided by S&P Global Market Intelligence, and the losses didn't stop there. The biggest news of the month came during Virgin Galactic's earnings call with investors. This delay will put Virgin Galactic months behind schedule in launching space flights for paying customers.