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

Dow Jones
2024-12-31

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 6.27% to $5.98 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.19% to 19,486.78 and Dow Jones Industrial Average falling 0.97% to 42,573.73.

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

Virgin Galactic Holdings Inc. closed $44.82 below its 52-week high ($50.80), which the company reached on January 2nd.

The stock underperformed when compared to some of its competitors Monday, as RTX Corp. $(RTX)$ fell 1.28% to $115.22 and Boeing Co. $(BA)$ fell 2.31% to $176.55.

Trading volume (2.4 M) eclipsed its 50-day average volume of 1.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2024.

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(END) Dow Jones Newswires

December 30, 2024 17:37 ET (22:37 GMT)

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