Virgin Galactic Holdings Inc. Stock Underperforms Monday When Compared To Competitors

Dow Jones
2024-09-24

DJ Virgin Galactic Holdings Inc. Stock Underperforms Monday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Virgin Galactic Holdings Inc. $(SPCE)$ shed 3.03% to $6.09 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.14% to 17,974.27 and the Dow Jones Industrial Average rising 0.15% to 42,124.65.

This was the stock's fifth consecutive day of losses.

Virgin Galactic Holdings Inc. closed $48.51 below its 52-week high ($54.60), which the company reached on December 27th.

The stock underperformed when compared to some of its competitors Monday, as RTX Corp. $(RTX)$ rose 1.79% to $120.27 and Boeing Co. $(BA)$ rose 1.96% to $156.30.

Trading volume (1.2 M) remained 565,223 below its 50-day average volume of 1.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled September 23, 2024.

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(END) Dow Jones Newswires

September 23, 2024 17:35 ET (21:35 GMT)

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