DJ Virgin Galactic Holdings Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Virgin Galactic Holdings Inc. $(SPCE)$ slipped 0.49% to $6.14 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.60% to 18,291.62 and the Dow Jones Industrial Average rising 1.03% to 42,512.00.
The stock's fall snapped a three-day winning streak.
Virgin Galactic Holdings Inc. closed $48.46 below its 52-week high ($54.60), which the company achieved on December 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as RTX Corp. $(RTX)$ rose 0.36% to $123.95 and Boeing Co. $(BA)$ fell 3.41% to $149.37.
Trading volume (654,082) remained 735,037 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 9, 2024.
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October 09, 2024 17:33 ET (21:33 GMT)
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