Motorola Solutions Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Motorola Solutions Inc. (MSI) rallied 2.35% to $223.01 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.47% to 4,158.24 and the Dow Jones Industrial Average rising 1.76% to 33,212.96. This was the stock's second consecutive day of gains. Motorola Solutions Inc. closed $50.64 short of its 52-week high ($273.65), which the company reached on December 30th.
The stock outperformed some of its competitors Friday, as L3Harris Technologies Inc. (LHX) rose 1.74% to $240.92. Trading volume (517,172) remained 410,938 below its 50-day average volume of 928,110.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2022.
(END) Dow Jones Newswires
May 27, 2022 17:09 ET (21:09 GMT)
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