Virgin Galactic is 'overdue' for a correction after surging 223% in a few months, Morgan Stanley says (SPCE)

Business Insider

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· *Virgin Galactic has been on a torrid rally that's sent the stock up 223% for the year through Wednesday's close. *
· *Shares jumped as much as 12% in early trading Thursday, the ninth straight day of gains. *
· *"A modest correction is overdue, and frankly, healthy in our opinion," Morgan Stanley analyst Adam Jonas...

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