Virgin Galactic ‘overdue’ for a correction, Morgan Stanley says after 310% rally in 3 months
Virgin Galactic’s spacecraft Unity flies to its new home in at Spaceport America in New Mexico on Feb. 13, 2020.
Virgin Galactic
Virgin Galactic‘s monster stock rally in the past few months has taken even bullish Morgan Stanley by surprise, with shares of the company nearing $40.
“A modest correction is overdue, and frankly, healthy, in our opinion,” Morgan Stanley analyst Adam Jonas…
See also Money manager says she has ‘very high’ confidence Tesla shares reach $7,000 in next 5 years