The Ratings Game: Virgin Galactic downgraded after stock more than doubled in six weeks

Virgin Galactic Holdings Inc. was downgraded by UBS analyst Myles Walton, who cited concerns over valuation as the stock has more than doubled since he turned bullish about six weeks ago.

Virgin Galactic Holdings Inc. was downgraded by UBS analyst Myles Walton, who cited concerns over valuation as the stock has more than doubled since he turned bullish about six weeks ago.