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Why Virgin Galactic Stock Fell 35% in July

Why Virgin Galactic Stock Fell 35% in July

The month of July should have been a great one for investors in Virgin Galactic (NYSE: SPCE) stock -- and for a few glorious days, it was. Indeed, the first week of last month saw Virgin Galactic stock gain 14.5% in the run-up to Sir Richard Branson's historic first flight to space aboard Virgin's VSS Unity spaceplane. Well, Virgin Galactic itself bears part of the blame for this.