Virgin Galactic stock slides more than 6%, on pace for largest percentage decline in three weeks

Shares of Virgin Galactic Holdings Inc.
SPCE,
-6.85%
fell 6.6% Monday and are on pace for their largest single day percentage decline since Sept. 18, when they fell 8.8%. The stock pulled back after ending Friday’s session up 3.7%, boosted by the completion of Virgin Galactic’s fifth spaceflight in five months. The Galactic 04 mission also marked the company’s fourth commercial spaceflight, its fifth spaceflight in 2023 and its ninth spaceflight in total.