Shares of Virgin Galactic Holdings Inc. /zigman2/quotes/208333884/composite SPCE -2.50% rose 4.93% to $9.16 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP -1.19% rising 2.08% to 14,490.37 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.18% rising 0.86% to 35,768.06. This was the stock's second consecutive day of gains. Virgin Galactic Holdings Inc. closed $51.51 short of its 52-week high ($60.67), which the company reached on February 11th.
The stock outperformed some of its competitors Wednesday, as Southwest Airlines Co. /zigman2/quotes/201071949/composite LUV -1.89% rose 2.06% to $47.02, Delta Air Lines Inc. /zigman2/quotes/200327741/composite DAL -1.60% rose 2.98% to $43.88, and Ryanair Holdings PLC ADR /zigman2/quotes/204098489/composite RYAAY -2.13% rose 1.08% to $122.00. Trading volume (11.1 M) remained 3.7 million below its 50-day average volume of 14.8 M.