SPCE Stock – Virgin Galactic Holdings Inc. stock underperforms Tuesday when compared to competitors
Shares of Virgin Galactic Holdings Inc.
shed 4.83% to $25.59 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index
falling 0.03% to 13,657.17 and Dow Jones Industrial Average
falling 0.24% to 34,312.46. The stock’s fall snapped a seven-day winning streak. Virgin Galactic Holdings Inc. closed $37.21 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 Tuesday, as Southwest Airlines Co.
fell 0.21% to $60.55, Delta Air Lines Inc.
rose 1.08% to $46.67, and Ryanair Holdings PLC ADR
fell 0.29% to $114.01. Trading volume (41.9 M) eclipsed its 50-day average volume of 16.3 M.