Virgin Galactic’s stock skyrocketed today, despite no significant news coming out about the company. Similarly-named Virgin Orbit did get some good news recently. Some people think investors mistook the two companies. It wouldn’t be shocking. People who throw money at Virgin Galactic probably aren’t the smartest investors in the first place. Richard Branson’s spaceflight company,…

Virgin Galactic’s stock is soaring again after Morgan Stanley’s Adam Jonas gives it an overweight rating. Last month, Jonas called the stock overvalued and asked management to dilute investors While it looks like Morgan Stanley is spot-on with its directional calls, its analysts are exerting a massive influence on the price of the stock. Retail…

Virgin Galactic (NASDAQ: SPCE) stock is the darling of Wall Street speculation. Chairman Chamath Palihapitiya believes his company is not a bubble, comparing it to Tesla and citing pent-up demand for space travel. Unfortunately, SPCE stock is still light-years away from being like Tesla, or even Beyond Meat. Virgin Galactic Chairman Chamath Palihapitiya is upset…