Podknife - 70: Investors Go Crazy for Space by The Readback

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70: Investors Go Crazy for Space

Podcast |: The Readback
Publisher |: Barron's
Media Type |: audio
Podknife tags |: Business,; Business News,; Investing,; Stock Market
Categories Via RSS |: Business,; Business News,; Investing,; News
Publication Date |: Feb 26, 2020
Episode Duration |: 00:13:55

The hottest stock of the year isn't Tesla. It's not Beyond Meat. And it isn't even a tech stock. Not really, at least. So what's left? How about space? Since becoming public late last year, Virgin Galactic is up some 500%. The company is promising the first tourist rides to space later this year. So the dollars must be flowing in, right? Not exactly. Barron's Tae Kim joins host Alex Eule to explain why. Producer: Mette Lützhøft. Learn more about your ad choices. Visit megaphone.fm/adchoices

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