SPCE Stock – Virgin Galactic Holdings Inc. stock rises Tuesday, outperforms market
Shares of Virgin Galactic Holdings Inc.
rallied 3.75% to $30.71 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index
falling 0.05% to 13,698.38 and Dow Jones Industrial Average
falling 0.29% to 33,430.24. Virgin Galactic Holdings Inc. closed $32.09 below 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.
rose 1.79% to $64.10, Delta Air Lines Inc.
rose 2.79% to $51.65, and Ryanair Holdings PLC ADR
fell 0.77% to $114.12. Trading volume (7.1 M) remained 11.6 million below its 50-day average volume of 18.7 M.