RTX Stock – Raytheon Technologies Corp. stock outperforms market despite losses on the day
Shares of Raytheon Technologies Corp.
dropped 0.83% to $84.33 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.87% to 4,152.10 and Dow Jones Industrial Average
falling 1.36% to 34,269.16. This was the stock’s second consecutive day of losses. Raytheon Technologies Corp. closed $2.71 short of its 52-week high ($87.04), which the company achieved on May 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Boeing Co.
fell 1.74% to $228.88, TransDigm Group Inc.
fell 0.22% to $600.06, and Heico Corp.
fell 0.65% to $138.19. Trading volume (6.7 M) remained 26,153 below its 50-day average volume of 6.7 M.