RTX Stock – Raytheon Technologies Corp. stock underperforms Tuesday when compared to competitors despite daily gains
Shares of Raytheon Technologies Corp.
inched 0.18% higher to $77.82 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.32% to 3,958.55 and Dow Jones Industrial Average
falling 0.31% to 33,066.96. Raytheon Technologies Corp. closed $2.24 below its 52-week high ($80.06), which the company achieved on March 15th.
The stock underperformed when compared to some of its competitors Tuesday, as Boeing Co.
rose 0.59% to $252.01, TransDigm Group Inc.
rose 0.94% to $584.63, and Heico Corp.
rose 0.67% to $123.80. Trading volume (5.3 M) remained 2.2 million below its 50-day average volume of 7.5 M.