Virgin Galactic Holdings Inc. Stock Rises Friday, Still Underperforms Market

Dow Jones
2024-11-02

DJ Virgin Galactic Holdings Inc. Stock Rises Friday, Still Underperforms Market

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

Shares of Virgin Galactic Holdings Inc. $(SPCE)$ inched 0.61% higher to $6.61 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.80% to 18,239.92 and the Dow Jones Industrial Average rising 0.69% to 42,052.19.

The stock's rise snapped a three-day losing streak.

Virgin Galactic Holdings Inc. closed $47.99 short of its 52-week high ($54.60), which the company reached on December 27th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as RTX Corp. $(RTX)$ fell 1.85% to $118.75 and Boeing Co. $(BA)$ rose 3.54% to $154.59.

Trading volume (685,934) remained 578,515 below its 50-day average volume of 1.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2024.

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(END) Dow Jones Newswires

November 01, 2024 17:32 ET (21:32 GMT)

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