Motorola Solutions Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Motorola Solutions Inc. (MSI) slipped 0.96% to $217.62 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.75% to 4,101.23 and Dow Jones Industrial Average falling 0.54% to 32,813.23. This was the stock's second consecutive day of losses. Motorola Solutions Inc. closed $56.03 below its 52-week high ($273.65), which the company achieved on December 30th.
The stock underperformed when compared to some of its competitors Wednesday, as L3Harris Technologies Inc. (LHX) rose 0.24% to $241.49. Trading volume (511,109) remained 390,417 below its 50-day average volume of 901,526.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2022.
(END) Dow Jones Newswires
June 01, 2022 17:09 ET (21:09 GMT)
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