Virgin Galactic stock is skyrocketing. It’s just hype.
“Every couple of years, a new stock mania captures the imagination of the investing public. From 3-D printers to the blockchain and pot stocks, many investors fall for stocks with seemingly limitless potential. What’s the latest frenzy infecting stocks? It may be Virgin Galactic Holdings, which could very well be the frothiest stock around right now,” writes Tae Kim of Barron’s.
See if Cordell Eminent Scholar Chair Jay Ritter agrees with the hype in this story from Barron’s.