SPCE Stock – Virgin Galactic Holdings Inc. stock falls Thursday, underperforms market
Shares of Virgin Galactic Holdings Inc.
slipped 4.00% to $22.54 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index
rising 0.22% to 14,082.55 and the Dow Jones Industrial Average
rising 0.71% to 34,060.36. This was the stock’s second consecutive day of losses. Virgin Galactic Holdings Inc. closed $40.26 short of its 52-week high ($62.80), which the company reached on February 4th.
The stock underperformed when compared to some of its competitors Thursday, as Southwest Airlines Co.
rose 0.81% to $62.27, Delta Air Lines Inc.
fell 0.13% to $46.38, and Ryanair Holdings PLC ADR
rose 2.99% to $118.00. Trading volume (10.8 M) remained 1.2 million below its 50-day average volume of 12.0 M.