DJ Virgin Galactic Holdings Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Virgin Galactic Holdings Inc. $(SPCE)$ tumbled 11.80% to $6.28 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 1.51% to 19,269.46 and the Dow Jones Industrial Average remaining mostly unchanged at 43,729.34.
The stock's fall snapped a two-day winning streak.
Virgin Galactic Holdings Inc. closed $48.32 below its 52-week high ($54.60), which the company reached on December 27th.
The stock underperformed when compared to some of its competitors Thursday, as RTX Corp. $(RTX)$ fell 1.24% to $120.08 and Boeing Co. $(BA)$ rose 2.60% to $150.98.
Trading volume (4.2 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2024.
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November 07, 2024 17:32 ET (22:32 GMT)
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