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Why Virgin Galactic Stock Popped 15% This Morning

Why Virgin Galactic Stock Popped 15% This Morning

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. Over on Twitter -- often the source of market-moving news on the momentum stock darling -- it's similarly crickets. In short, there's simply no good reason for Virgin Galactic stock to be rising today -- certainly not spiking 10% higher, much less 15%.