Virgin Galactic Holdings Inc is trading 10.1% down today at $4.25 as investors lock in gains following a sharp multi-session rally.
- The pullback follows a significant surge fueled by a recent earnings beat, the entry of a new strategic investor, and short-squeeze dynamics.
- Broader market pressure is weighing on speculative growth stocks as stronger-than-expected U.S. jobs data fuels concerns that higher interest rates will persist longer than anticipated.