Virgin Galactic Holdings Inc. Stock Underperforms Thursday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Virgin Galactic (SPCE) shares fell 4.85% to $3.14 on Thursday, underperforming the broader market and key aerospace competitors like RTX, Boeing, and Lockheed Martin. This decline ended a five-day winning streak, with the stock trading 64.72% below its 52-week high of $8.90. Trading volume was notably lower than the 50-day average.
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Shares of Virgin Galactic Holdings Inc. (SPCE) shed 4.85% to $3.14 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.81% to 26,803.03 and the Dow Jones Industrial Average rising 0.13% to 53,839.99.
The stock's fall snapped a five-day winning streak.
Virgin Galactic Holdings Inc. closed 64.72% short of its 52-week high of $8.90, which the company achieved on June 1st.
The stock underperformed when compared to some of its competitors Thursday, as RTX Corp. (RTX) fell 1.02% to $220.48, Boeing Co. (BA) fell 0.38% to $230.33, and Lockheed Martin Corp. (LMT) fell 1.44% to $598.01.
Trading volume (17.8 M) remained 7.5 million below its 50-day average volume of 25.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 13, 2026.
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08-13-26 1731ET