L3Harris Technologies Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of L3Harris Technologies Inc. (LHX) advanced 1.67% to $223.44 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,670.29 and Dow Jones Industrial Average falling 0.45% to 36,068.87. This was the stock's third consecutive day of gains. L3Harris Technologies Inc. closed $22.64 short of its 52-week high ($246.08), which the company achieved on October 22nd.
The stock outperformed some of its competitors Monday, as Cisco Systems Inc. (CSCO) rose 1.13% to $61.82, Telefon AB L.M. Ericsson ADR (ERIC-B.SK) rose 0.91% to $11.14, and Nokia Corp. ADR (NOKIA.HE) rose 1.15% to $6.17. Trading volume (2.1 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.
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January 10, 2022 17:06 ET (22:06 GMT)
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