RTX Stock – Raytheon Technologies Corp. stock underperforms Tuesday when compared to competitors
Shares of Raytheon Technologies Corp.
shed 1.30% to $77.70 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
rising 0.33% to 4,141.59 and the Dow Jones Industrial Average
falling 0.20% to 33,677.27. The stock’s fall snapped a two-day winning streak. Raytheon Technologies Corp. closed $2.36 below its 52-week high ($80.06), which the company reached on March 15th.
The stock underperformed when compared to some of its competitors Tuesday, as Boeing Co.
rose 1.50% to $253.27, TransDigm Group Inc.
fell 0.85% to $618.33, and Heico Corp.
rose 0.05% to $132.10. Trading volume (5.5 M) remained 1.4 million below its 50-day average volume of 6.9 M.