RTX Stock – Raytheon Technologies Corp. stock falls Tuesday, underperforms market
Shares of Raytheon Technologies Corp.
slumped 0.25% to $86.26 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.21% to 4,188.13 and Dow Jones Industrial Average
falling 0.24% to 34,312.46. The stock’s fall snapped a three-day winning streak. Raytheon Technologies Corp. closed $0.84 short of its 52-week high ($87.10), which the company achieved on May 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Boeing Co.
rose 1.39% to $240.74, TransDigm Group Inc.
fell 0.36% to $612.72, and Heico Corp.
fell 0.02% to $135.08. Trading volume (7.5 M) eclipsed its 50-day average volume of 6.7 M.