SPCE Stock – Virgin Galactic Holdings Inc. stock outperforms market on strong trading day
Shares of Virgin Galactic Holdings Inc.
rose 3.28% to $20.80 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.06% to 34,133.03 and the NASDAQ Composite Index
falling 1.88% to 13,633.50. The stock’s rise snapped a four-day losing streak. Virgin Galactic Holdings Inc. closed $42.00 short of its 52-week high ($62.80), which the company reached on February 4th.
The stock outperformed some of its competitors Tuesday, as Southwest Airlines Co.
fell 2.14% to $60.82, Delta Air Lines Inc.
fell 4.10% to $44.66, and Ryanair Holdings PLC ADR
fell 1.39% to $116.29. Trading volume (16.5 M) eclipsed its 50-day average volume of 11.8 M.