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Why Virgin Galactic Shares Rocketed Higher Today

Virgin Galactic Holdings (NYSE: SPCE) provided an update late Wednesday, and this time it did not include another delay. Shares of the space tourism company jumped more than 10% at the open on Thursday on investor relief that Virgin Galactic is still on track to launch commercial service early next year. Virgin Galactic has flown through a lot of turbulence in the last year.