Motorola Solutions Inc. Stock Falls Thursday, Still Outperforms Market
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Shares of Motorola Solutions Inc. (MSI) slipped 1.66% to $214.25 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.38% to 4,017.82 and Dow Jones Industrial Average falling 1.94% to 32,272.79. This was the stock's second consecutive day of losses. Motorola Solutions Inc. closed $59.40 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 Thursday, as L3Harris Technologies Inc. (LHX) fell 1.58% to $240.59. Trading volume (508,477) remained 369,812 below its 50-day average volume of 878,289.
Data source: Dow Jones Market Data, FactSet. Data compiled June 9, 2022.
(END) Dow Jones Newswires
June 09, 2022 17:09 ET (21:09 GMT)
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