Stock markets managed to overcome pressure early Tuesday morning to move higher an hour into the trading day. Among stock market indexes, the Nasdaq Composite (NASDAQINDEX: ^IXIC) led the way upward, with gains of about half a percent as of 10:30 a.m. ET.
Unfortunately, not all stocks managed to participate in the rally. Virgin Orbit (NASDAQ: VORB) suffered significant declines after a mission didn't go as planned. However, another stock, Sotera Health (NASDAQ: SHC) , came close to doubling in value after the company resolved a major issue.
Shares of Virgin Orbit were down 16% on Tuesday morning. The company conducted a historic mission from its U.K. launch site, but it failed to achieve everything it set out to accomplish.
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Virgin Orbit Stock Falls to Earth, but Another Nasdaq Stock Nearly Doubles Tuesday