Branson Bomb

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The space tourism fantasy, encapsulated in Virgin Galactic, continues to implode like an experimental rocket by Wernher von Braun. It has lost nearly 70% from its peak.

slopechart SPCE

Here’s a long-term view of this SPAC wreck:

slopechart SPCE

And remember, folks – -context! If this were a real stock market, this security wouldn’t even exist.