DJ Virgin Galactic Holdings Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Virgin Galactic Holdings Inc. $(SPCE)$ slid 1.75% to $4.50 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 0.51% to 19,632.32 and Dow Jones Industrial Average falling 0.31% to 44,713.52.
This was the stock's fourth consecutive day of losses.
Virgin Galactic Holdings Inc. closed 88.64% short of its 52-week high of $39.60, which the company reached on February 15th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as RTX Corp. $(RTX)$ fell 2.51% to $125.13 and Boeing Co. $(BA)$ fell 2.32% to $173.66.
Trading volume (2.1 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 29, 2025.
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(END) Dow Jones Newswires
January 29, 2025 17:32 ET (22:32 GMT)
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