Why Virgin Galactic Stock Dropped 6% This Morning

You don't have to drop $250,000 for a ticket on one of Virgin Galactic's (NYSE: SPCE) space tourism rides to experience the joys of hypersonic motion sickness; just owning a share of Virgin Galactic stock today could be enough to give your tummy some trouble. In early trading today, Virgin Galactic shares first plummeted more than 6% before turning around, rising, and briefly achieving more than a 2% gain for the day! Virgin Galactic is not a profitable company, and even its revenues are negligible at this point -- barely $2 million taken in over the last 12 months.