Virgin Galactic’s results fell short of expectations. Why are his actions increasing anyway.



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Space tourism pioneer Virgin Galactic announced a larger-than-expected loss in the second quarter on Thursday evening. But income doesn’t matter to the pre-sales start-up. Investors are focusing on other things, with the new flight pricing being the main one. The shares are up in trading Friday before market.

Virgin Galactic stock (ticker: SPCE) is up 3.5% in pre-market. The S&P 500 and Dow Jones Industrial Average futures are both up about 0.1%.

Galactic…

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