DJ Virgin Galactic Holdings Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Virgin Galactic Holdings Inc. $(SPCE)$ slipped 5.78% to $6.19 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 3.56% to 19,392.69 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
Virgin Galactic Holdings Inc. closed $48.41 short of its 52-week high ($54.60), which the company achieved on December 27th.
The stock underperformed when compared to some of its competitors Wednesday, as RTX Corp. $(RTX)$ fell 2.53% to $114.45 and Boeing Co. $(BA)$ fell 0.24% to $172.62.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:27 ET (22:27 GMT)
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