DJ Virgin Galactic Holdings Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Virgin Galactic Holdings Inc. $(SPCE)$ slid 1.47% to $1.00 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.44% to 39,056.39 and the NASDAQ Composite Index falling 0.18% to 16,302.76.
This was the stock's second consecutive day of losses.
Virgin Galactic Holdings Inc. closed $5.17 short of its 52-week high ($6.17), which the company reached on June 21st.
The stock underperformed when compared to some of its competitors Wednesday, as RTX Corp. $(RTX)$ rose 0.69% to $103.94 and Boeing Co. $(BA)$ rose 2.06% to $180.35.
Trading volume (27.3 M) eclipsed its 50-day average volume of 16.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2024.
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(END) Dow Jones Newswires
May 08, 2024 17:35 ET (21:35 GMT)
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