What's Going On With Virgin Galactic Stock?

Virgin Galactic Holdings Inc SPCE shares are trading lower by 2.8% to $3.15 Monday afternoon. The stock is trading lower by roughly 9% over the trailing five sessions following the company’s spaceflight last week.

What Happened?

Virgin Galactic last week successfully conducted its seventh spaceflight, marking the first-ever launch of tourists into orbit. The flight, named Galactic 02, took off from New Mexico's Spaceport at around 11:30 a.m. ET.

Among the passengers were former Olympian Jon Goodwin and a mother-daughter duo, Keisha Schahaff and Anastatia Mayers from Antigua and Barbuda, making them the initial private customers to experience orbital travel through Virgin Galactic...Read More

According to data from Benzinga Pro, SPCE has a 52-week high of $7.37 and a 52-week low of $2.98.