Motorola Solutions Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Motorola Solutions Inc. (MSI) shed 1.84% to $206.51 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.57% to 4,123.34 and Dow Jones Industrial Average falling 0.30% to 32,899.37. This was the stock's second consecutive day of losses. Motorola Solutions Inc. closed $67.14 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 Friday, as L3Harris Technologies Inc. (LHX) rose 0.97% to $243.83. Trading volume (1.2 M) eclipsed its 50-day average volume of 854,814.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2022.
(END) Dow Jones Newswires
May 06, 2022 17:09 ET (21:09 GMT)
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