Why Virgin Galactic's Delays Are Good News

Why Virgin Galactic's Delays Are Good News
Travis Hoium, The Motley Fool
·5 min read

The market didn't like much of what it saw and heard from Virgin Galactic (NYSE: SPCE) when the company reported 2020's fourth-quarter earnings results. Delayed test flights were a big part of Wall Street's disappointment. The company is putting off its next test flight until May, potentially putting the company six months behind its original plan to visit space in 2020, impacted by a COVID-19 shutdown and failed test flight hampered progress.