Shares of Virgin Galactic Holdings Inc. /zigman2/quotes/208333884/composite SPCE -16.54% rallied 6.26% to $8.99 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +2.19% rising 1.58% to 14,098.01 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.00% falling 0.06% to 35,089.74. The stock's rise snapped a two-day losing streak. Virgin Galactic Holdings Inc. closed $51.68 short of its 52-week high ($60.67), which the company achieved on February 11th.
The stock outperformed some of its competitors Friday, as Southwest Airlines Co. /zigman2/quotes/201071949/composite LUV +1.40% rose 0.51% to $43.66, Delta Air Lines Inc. /zigman2/quotes/200327741/composite DAL +0.39% rose 0.30% to $39.85, and Ryanair Holdings PLC ADR /zigman2/quotes/204098489/composite RYAAY -0.75% rose 1.86% to $119.25. Trading volume (10.7 M) remained 4.0 million below its 50-day average volume of 14.6 M.