RTX Stock – Raytheon Technologies Corp. stock falls Thursday, underperforms market
Shares of Raytheon Technologies Corp.
slumped 0.25% to $82.87 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.68% to 4,211.47 and the Dow Jones Industrial Average
rising 0.71% to 34,060.36. The stock’s fall snapped a four-day winning streak. Raytheon Technologies Corp. closed $0.82 below its 52-week high ($83.69), which the company reached on April 27th.
The stock underperformed when compared to some of its competitors Thursday, as Boeing Co.
rose 0.20% to $235.94, TransDigm Group Inc.
rose 0.78% to $610.00, and Heico Corp.
rose 1.44% to $142.46. Trading volume (6.1 M) remained 1.0 million below its 50-day average volume of 7.2 M.