Virgin Galactic (SPCE) Stock Sinks As Market Gains: Here's Why

Virgin Galactic (SPCE) closed at $1.24 in the latest trading session, marking a -1.59% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 1.11% for the day. Meanwhile, the Dow gained 0.8%, and the Nasdaq, a tech-heavy index, added 1.24%.Heading into today, shares of the company had lost 26.74% over the past month, lagging the Aerospace sector's gain of 1.79% and the S&P 500's gain of 0.48% in that time.Investors will be eagerly watching for the performance of Virgin Gal ...