Virgin Galactic(NYSE: SPCE) stock is finally climbing again, and that could create a feedback loop to the upside for investors. A higher stock price would allow the company to raise money at more attractive prices and potentially fund more spacecraft. In this video, Travis Hoium discusses the recent move.
*Stock prices used were end-of-day prices of May 14, 2024. The video was published on May 15, 2024.
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Travis Hoium has positions in Virgin Galactic. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
