Abnormal movement in US stocks | Space concept stocks surged during trading Virgin Galactic (SPCE.US) rose more than 9%

According to the Wisdom Finance APP, on Monday, space concept stocks rose during the trading day, with Virgin Galactic (SPCE.US) up over 9%, Rocket Lab (RKLB.US) up nearly 7%, and AST SpaceMobile (ASTS.US) up over 5%. On the news front, former U.S. President Donald Trump signed an executive order loosening commercial space regulations, which was a major breakthrough for the aerospace industry that has long called for reducing administrative barriers. The order requires the Secretary of Transportation to cancel or expedite the environmental review process for launches and reentries, and to abolish "outdated, redundant, or overly restrictive" regulations for spacecraft. In addition, the order calls for an evaluation of whether states are obstructing the construction of spaceport infrastructure, while simplifying the authorization process for new space activities.