SPCE Stock – Virgin Galactic Holdings Inc. stock underperforms Thursday when compared to competitors
Shares of Virgin Galactic Holdings Inc.
dropped 0.14% to $29.20 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index
rising 1.03% to 13,829.31 and the Dow Jones Industrial Average
rising 0.17% to 33,503.57. This was the stock’s second consecutive day of losses. Virgin Galactic Holdings Inc. closed $33.60 below its 52-week high ($62.80), which the company reached on February 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Southwest Airlines Co.
fell 0.09% to $63.46, Delta Air Lines Inc.
fell 0.78% to $49.81, and Ryanair Holdings PLC ADR
remained unchanged. Trading volume (6.7 M) remained 10.6 million below its 50-day average volume of 17.3 M.