Shares of Virgin Galactic Holdings Inc. /zigman2/quotes/208333884/composite SPCE +0.49% slipped 3.38% to $8.85 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index /zigman2/quotes/210598365/realtime COMP +1.58% falling 2.10% to 14,185.64 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.98% falling 1.47% to 35,241.59. The stock's fall snapped a two-day winning streak. Virgin Galactic Holdings Inc. closed $51.82 short of its 52-week high ($60.67), which the company reached on February 11th.
The stock underperformed when compared to some of its competitors Thursday, as Southwest Airlines Co. /zigman2/quotes/201071949/composite LUV +3.19% fell 1.04% to $46.53, Delta Air Lines Inc. /zigman2/quotes/200327741/composite DAL +2.26% rose 0.05% to $43.90, and Ryanair Holdings PLC ADR /zigman2/quotes/204098489/composite RYAAY +3.50% rose 1.75% to $124.13. Trading volume (11.3 M) remained 3.5 million below its 50-day average volume of 14.9 M.