DJ Virgin Galactic Holdings Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Virgin Galactic Holdings Inc. $(SPCE)$ slid 7.62% to $6.79 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.56% to 18,607.93 and Dow Jones Industrial Average falling 0.22% to 42,141.54.
This was the stock's second consecutive day of losses.
Virgin Galactic Holdings Inc. closed $47.81 below its 52-week high ($54.60), which the company achieved on December 27th.
The stock underperformed when compared to some of its competitors Wednesday, as RTX Corp. $(RTX)$ fell 0.76% to $121.86 and Boeing Co. $(BA)$ rose 0.86% to $154.29.
Trading volume (1.7 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 30, 2024.
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(END) Dow Jones Newswires
October 30, 2024 17:32 ET (21:32 GMT)
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