Virgin Galactic Soars 20%, AST SpaceMobile Rises 7%, Planet Labs Gains 6%, Rocket Lab Advances 5% as Space Stocks Catch a Bid

Space stocks are trading strongly at midday Thursday, with Virgin Galactic (NYSE:SPCE) up 20% intraday on a fresh liquidity catalyst. The broader group is also benefiting from improving sentiment ahead of a highly anticipated SpaceX IPO window, suggesting a momentum-driven move across the sector.

Analysis

Space stocks are trading strongly at midday Thursday, with Virgin Galactic (NYSE:SPCE) up 20% intraday on a fresh liquidity catalyst. The broader group is also benefiting from improving sentiment ahead of a highly anticipated SpaceX IPO window, suggesting a momentum-driven move across the sector.