SPCE Stock – Virgin Galactic Holdings Inc. stock outperforms market despite losses on the day
Shares of Virgin Galactic Holdings Inc.
dropped 0.74% to $26.68 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.16% to 33,730.89 and the NASDAQ Composite Index
falling 0.99% to 13,857.84. Virgin Galactic Holdings Inc. closed $36.12 short of its 52-week high ($62.80), which the company achieved on February 4th.
The stock underperformed when compared to some of its competitors Wednesday, as Southwest Airlines Co.
fell 0.32% to $63.03, Delta Air Lines Inc.
fell 0.19% to $48.17, and Ryanair Holdings PLC ADR
rose 0.25% to $106.17. Trading volume (9.0 M) remained 6.0 million below its 50-day average volume of 15.1 M.