Motorola Solutions Inc. Stock Underperforms Wednesday When Compared To Competitors

United States Steel Corp

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Materials : Metals & Mining | Small Cap Value

Company profile

United States Steel Corporation (U.S Steel) is an integrated steel producer, which is engaged in producing and selling steel products, including flat-rolled and tubular products, in North America and Europe. The Company’s operations in the United States also include iron ore and coke production facilities and real estate operations. Its operations in Europe also include coke production facilities. It operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U.S. Steel Europe (USSE); and Tubular Products (Tubular). The Company owns approximately 45,000 acres of real estate assets, either held for development or managed, in Alabama, Illinois, Michigan, Minnesota and Pennsylvania. It performs a range of applied research, development, and technical support functions at facilities in Pennsylvania, Michigan, Texas and Slovakia. It serves customers primarily in the automotive, construction, consumer, electrical, industrial equipment, distribution and energy markets.

Motorola Solutions Inc. Stock Underperforms Wednesday When Compared To Competitors

5:09 pm ET April 27, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Motorola Solutions Inc. (MSI) slipped 1.45% to $216.14 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.21% to 4,183.96 and the Dow Jones Industrial Average rising 0.19% to 33,301.93. This was the stock's second consecutive day of losses. Motorola Solutions Inc. closed $57.51 below its 52-week high ($273.65), which the company reached on December 30th.

The stock underperformed when compared to some of its competitors Wednesday, as L3Harris Technologies Inc. (LHX) rose 0.30% to $241.06. Trading volume (1.4 M) eclipsed its 50-day average volume of 907,384.

Data source: Dow Jones Market Data, FactSet. Data compiled April 27, 2022.

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April 27, 2022 17:09 ET (21:09 GMT)