SPCE is trading 5.3% up today at $3.10 as investors buy the dip following a bearish report issued last week.

  • The stock is recovering from a June 26 Seeking Alpha report that highlighted concerns regarding high cash burn, potential dilution risks, and an unproven business model.
  • The move comes amid a broader rebound in U.S. equities, with major indices gaining over 1%, which has improved sentiment toward speculative growth names like Virgin Galactic.