DJ Virgin Galactic Holdings Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Virgin Galactic Holdings Inc. $(SPCE)$ rallied 1.96% to $6.25 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.33% to 18,342.94 and the Dow Jones Industrial Average rising 0.97% to 42,863.86.
The stock's rise snapped a two-day losing streak.
Virgin Galactic Holdings Inc. closed $48.35 short of its 52-week high ($54.60), which the company reached on December 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as RTX Corp. $(RTX)$ rose 0.81% to $123.93 and Boeing Co. $(BA)$ rose 3.00% to $151.02.
Trading volume (851,296) remained 496,012 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 11, 2024.
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October 11, 2024 17:33 ET (21:33 GMT)
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