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Shares of Virgin Galactic Holdings Inc. (SPCE) slipped 2.87% to $16.25 Monday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.88% to 15,782.83 and the Dow Jones Industrial Average rising 0.68% to 35,135.94. This was the stock's second consecutive day of losses. Virgin Galactic Holdings Inc. closed $46.55 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 Monday, as Southwest Airlines Co. (LUV) fell 0.93% to $44.54, Delta Air Lines Inc. (DAL) fell 0.38% to $36.24, and Ryanair Holdings PLC ADR (RY4C.DB) fell 1.88% to $98.12. Trading volume (10.2 M) remained 2.0 million below its 50-day average volume of 12.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2021.
(END) Dow Jones Newswires
November 29, 2021 17:22 ET (22:22 GMT)
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