Virgin Galactic Lands on Wall St.
Takes off Like a Rocket Monday But Hits a Little Choppy Air Tuesday Source: NYSE Listed on the NYSE Virgin Galactic is the first space tourism company to land on Wall Street. It's listed on the NYSE as SPCE. It began trading on Monday and right out of the launch pad it soared up 5% at its debut. It has a market cap of $1 billion. This underscores the interest of investors and the public in space tourism. On Tuesday, the stock hit a little choppy air and as of 3PM Eastern Time is trading in the day range of $12.51 - $10.50. Founder Sir Richard Branson and Virgin Galactic CEO George Whiteside were on hand to ring the First Trade Bell on Monday to commemorate the occasion. Sir Richard commented: "Now anyone can invest in the future of space". Space Tourism Plans Virgin Galactic has intergalactic plans. It first wants to offer space flights to six passengers at a time for $250,000 each for trips to the weightless outskirts of space...