Motorola Solutions Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of Motorola Solutions Inc. (MSI) shed 2.33% to $209.25 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.91% to 3,900.86 and Dow Jones Industrial Average falling 2.73% to 31,392.79. This was the stock's third consecutive day of losses. Motorola Solutions Inc. closed $64.40 short of its 52-week high ($273.65), which the company achieved on December 30th.
The stock underperformed when compared to some of its competitors Friday, as L3Harris Technologies Inc. (LHX) fell 0.07% to $240.43. Trading volume (574,184) remained 303,827 below its 50-day average volume of 878,011.
Data source: Dow Jones Market Data, FactSet. Data compiled June 10, 2022.
(END) Dow Jones Newswires
June 10, 2022 17:08 ET (21:08 GMT)
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