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Virgin Galactic shares fall back to earth Esha Dey Share Richard Branson’s rocket ride last weekend went off without a hitch, but the billionaire’s space tourism company has a ways to go to convince investors it’s more than a moonshot idea. Shares of Virgin Galactic Holdings fell every trading day since the space trip, erasing all the gains since early June in the worst week ever for the stock. By Friday, it was down 39 per cent for the five-day period. About 23 per cent of Virgin Galactic’s outstanding shares are held by institutional shareholders.  Virgin Galactic While the successful launch was great marketing for space tourism, on Wall Street the enthusiasm quickly faded when Virgin Galactic followed it up with plans for a dilutive capital raise. That triggered a broader rethink of the timeline from Branson’s splashy first trip to a viable business based on would-be astronauts willing to pay a quarter of a million dollars to travel 53 miles (85 kilometres) above

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