DJ Virgin Galactic Holdings Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Virgin Galactic Holdings Inc. $(SPCE)$ slipped 1.09% to $0.86 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.64% to 15,611.76 and Dow Jones Industrial Average falling 0.98% to 38,085.80.
This was the stock's second consecutive day of losses.
Virgin Galactic Holdings Inc. closed $5.31 short of its 52-week high ($6.17), which the company achieved on June 21st.
The stock underperformed when compared to some of its competitors Thursday, as RTX Corp. $(RTX)$ rose 0.68% to $101.71 and Boeing Co. $(BA)$ rose 1.51% to $166.81.
Trading volume (27.2 M) eclipsed its 50-day average volume of 13.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 25, 2024.
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(END) Dow Jones Newswires
April 25, 2024 17:35 ET (21:35 GMT)
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