RTX Stock – Raytheon Technologies Corp. stock rises Thursday, still underperforms market
Shares of Raytheon Technologies Corp.
inched 0.65% higher to $84.68 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.82% to 4,201.62 and the Dow Jones Industrial Average
rising 0.93% to 34,548.53. This was the stock’s second consecutive day of gains. Raytheon Technologies Corp. hit a new 52-week high, surpassing its previous peak of $84.67, which the company reached on May 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Boeing Co.
rose 0.71% to $229.81, TransDigm Group Inc.
rose 0.59% to $599.04, and Heico Corp.
rose 0.80% to $138.08. Trading volume (4.9 M) remained 2.0 million below its 50-day average volume of 6.9 M.