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Shares of Virgin Galactic Holdings Inc. (SPCE) slipped 6.99% to $18.24 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.00% to 15,235.84 and the Dow Jones Industrial Average falling 0.74% to 35,490.69. This was the stock's second consecutive day of losses. Virgin Galactic Holdings Inc. closed $44.56 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. (LUV) fell 2.14% to $46.57, Delta Air Lines Inc. (DAL) fell 1.61% to $39.07, and Ryanair Holdings PLC ADR (RY4C.DB) fell 0.39% to $108.61. Trading volume (21.5 M) eclipsed its 50-day average volume of 13.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2021.
(END) Dow Jones Newswires
October 27, 2021 17:23 ET (21:23 GMT)
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