Why Virgin Galactic's Stock Is Trading Higher Today

Virgin Galactic Holdings SPCE shares are trading higher after the company announced it will appoint former Disney executive Michael Colglazier as its CEO.

Virgin Galactic Holdings is a U.S.-based aerospace company pioneering human spaceflight for private individuals and researchers, as well as a manufacturer of advanced air and space vehicles.

Virgin Galactic Holdings shares were trading up 9.97% at $20.40 on Thursday. The stock has a 52-week high of $42.49 and a 52-week low of $6.90.

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