Virgin Galactic (SPCE) Stock Drops Despite Market Gains: Important Facts to Note
Virgin Galactic(SPCE) Zacks Investment Research·2024-02-09 08:01
In the latest trading session, Virgin Galactic (SPCE) closed at $1.76, marking a -0.56% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.06% for the day. Meanwhile, the Dow experienced a rise of 0.13%, and the technology-dominated Nasdaq saw an increase of 0.24%.Prior to today's trading, shares of the company had lost 23.04% over the past month. This has lagged the Aerospace sector's loss of 0.13% and the S&P 500's gain of 6.45% in that time.Market participants w ...