SPCE Stock – Virgin Galactic Holdings Inc. stock underperforms Wednesday when compared to competitors
Shares of Virgin Galactic Holdings Inc.
shed 4.79% to $29.24 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.05% to 33,446.26 and the NASDAQ Composite Index
falling 0.07% to 13,688.84. Virgin Galactic Holdings Inc. closed $33.56 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 Wednesday, as Southwest Airlines Co.
fell 0.90% to $63.52, Delta Air Lines Inc.
fell 2.81% to $50.20, and Ryanair Holdings PLC ADR
fell 1.52% to $112.38. Trading volume (8.2 M) remained 10.0 million below its 50-day average volume of 18.2 M.