Virgin Galactic stock rises on eve of first commercial spaceflight

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Virgin Galactic stock rises on eve of first commercial spaceflight
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Virgin Galactic is targeting Thursday for the Galactic 01 mission.

Virgin Galactic Holdings Inc.’s stock rose 2.1% in premarket trades Wednesday on the eve of the company’s first commercial spaceflight.

Shares of the private spaceflight company ended Tuesday’s session up 4.8%, snapping a four-day losing streak. The stock is up 24.7% this year, outpacing the S&P 500 index’s SPX 14% gain. “Virgin Galactic’s unique spaceflight system is opening up a world of possibilities for scientists and researchers,” the company tweeted Tuesday.

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