Why Shares of Virgin Galactic Are Higher Today

Why Shares of Virgin Galactic Are Higher Today

Shares of Virgin Galactic Holdings (NYSE: SPCE) rocketed 20% higher on Monday morning after the stock received a pair of upgrades. The sky's the limit for space tourism, according to two Wall Street banks, causing investors to climb aboard Virgin Galactic. Virgin Galactic is a pre-revenue company that aims to sell tourists a brief trip into space for upward of $250,000 apiece.