RTX Stock – Raytheon Technologies Corp. stock underperforms Friday when compared to competitors
Shares of Raytheon Technologies Corp.
slipped 1.39% to $85.92 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 1.31% to 4,166.45 and Dow Jones Industrial Average
falling 1.58% to 33,290.08. This was the stock’s third consecutive day of losses. Raytheon Technologies Corp. closed $4.06 below its 52-week high ($89.98), which the company reached on June 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Boeing Co.
fell 0.78% to $237.35, TransDigm Group Inc.
fell 1.88% to $654.93, and Heico Corp.
fell 1.25% to $137.92. Trading volume (10.4 M) eclipsed its 50-day average volume of 6.2 M.