DJ Virgin Galactic Holdings Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Virgin Galactic Holdings Inc. $(SPCE)$ slid 1.56% to $0.87 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 2.04% to 15,657.82 and Dow Jones Industrial Average falling 1.49% to 37,815.92.
This was the stock's second consecutive day of losses.
Virgin Galactic Holdings Inc. closed $5.30 short of its 52-week high ($6.17), which the company achieved on June 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as RTX Corp. $(RTX)$ fell 0.90% to $101.52 and Boeing Co. $(BA)$ fell 3.26% to $167.84.
Trading volume (13.4 M) remained 768,057 below its 50-day average volume of 14.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 30, 2024.
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(END) Dow Jones Newswires
April 30, 2024 17:35 ET (21:35 GMT)
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