What's Going On With Virgin Galactic Stock?

Virgin Galactic Holdings, Inc. SPCE shares traded higher Wednesday, adding to gains for the week. The company on Monday announced details for its second commercial flight. 

What To Know: Virgin Galactic's "Galactic 02" spaceflight will fly three private passengers to space and further the company's mission of broadening access to space. The flight window is set to open on Aug. 10.

"This flight highlights two of Virgin Galactic's core aspirations – increasing access to space and inspiring people around the world. Each of these astronauts are role models and beacons of inspiration in their communities," said Michael Colglazier, CEO of Virgin Galactic.

The flight will carry Olympian Jon Goodwin, as well as Keisha Schahaff and Anastatia Mayers, a Caribbean mother-daughter duo who won their seats in a draw that raised funds for non-profit Space for Humanity.

The company's first commercial space launch took place on June 29. 

Virgin Galactic also announced this week that it will report earnings after the close on Aug. 1. The company is expected to report a loss of 51 cents per share on revenue of $2.52 million, per Benzinga Pro estimates.

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SPCE Price Action: Shares of SPCE closed Wednesday up 4.61% at $3.98, according to Benzinga Pro.

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