Motorola Solutions Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Motorola Solutions Inc. (MSI) inched 0.20% higher to $215.19 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.48% to 4,175.48 and the Dow Jones Industrial Average rising 0.20% to 33,128.79. This was the stock's second consecutive day of gains. Motorola Solutions Inc. closed $58.46 short of its 52-week high ($273.65), which the company reached on December 30th.
The stock underperformed when compared to some of its competitors Tuesday, as L3Harris Technologies Inc. (LHX) rose 0.99% to $237.53. Trading volume (626,974) remained 239,361 below its 50-day average volume of 866,335.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2022.
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May 03, 2022 17:09 ET (21:09 GMT)
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