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Shares of Virgin Galactic Holdings Inc. (SPCE) slipped 3.58% to $18.32 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.76% to 15,973.86 and the Dow Jones Industrial Average rising 0.15% to 36,142.22. This was the stock's fifth consecutive day of losses. Virgin Galactic Holdings Inc. closed $44.48 short of its 52-week high ($62.80), which the company achieved on February 4th.
The stock underperformed when compared to some of its competitors Tuesday, as Southwest Airlines Co. (LUV) fell 3.11% to $47.60, Delta Air Lines Inc. (DAL) fell 3.16% to $41.04, and Ryanair Holdings PLC ADR (RY4C.DB) rose 0.03% to $114.66. Trading volume (15.0 M) eclipsed its 50-day average volume of 12.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2021.
(END) Dow Jones Newswires
November 16, 2021 17:22 ET (22:22 GMT)
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