DJ Virgin Galactic Holdings Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Virgin Galactic Holdings Inc. $(SPCE)$ slid 5.56% to $1.02 Monday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.79% to 15,885.02 and Dow Jones Industrial Average falling 0.65% to 37,735.11.
This was the stock's second consecutive day of losses.
Virgin Galactic Holdings Inc. closed $5.15 below its 52-week high ($6.17), which the company reached on June 21st.
The stock underperformed when compared to some of its competitors Monday, as RTX Corp. $(RTX)$ fell 0.08% to $100.02 and Boeing Co. $(BA)$ fell 1.02% to $167.82.
Trading volume (17.5 M) eclipsed its 50-day average volume of 9.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 15, 2024.
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(END) Dow Jones Newswires
April 15, 2024 17:35 ET (21:35 GMT)
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