DJ Virgin Galactic Holdings Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Virgin Galactic Holdings Inc. $(SPCE)$ shed 1.93% to $6.10 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.38% to 18,189.17 and the Dow Jones Industrial Average rising 0.04% to 42,330.15.
The stock's fall snapped a two-day winning streak.
Virgin Galactic Holdings Inc. closed $48.50 below 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 Monday, as RTX Corp. $(RTX)$ rose 0.64% to $121.16 and Boeing Co. $(BA)$ fell 2.74% to $152.04.
Trading volume (1.2 M) remained 342,855 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 30, 2024.
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September 30, 2024 17:35 ET (21:35 GMT)
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