Shares of Virgin Galactic Holdings Inc.
SPCE,
-6.62%
surged 7.3% in premarket trading Monday, a day after Founder Richard Branson and five crewmates successfully flew suborbital space on the company’s VSS Unity rocket-powered spaceplane. In a live-streamed flight on Sunday, the Unity crew experienced several minutes of weightlessness before returning to earth. “Space is for all humanity, which is why we’re giving YOU the chance to win 2 seats on one of the first @virgingalactic flights to space now!”, Branson tweeted after his landing. Virgin Galactic’s stock has soared 107.3% year to date through Friday, while the S&P 500
SPX,
+1.13%
has gained 16.3%.
