Motorola Solutions Inc. Stock Underperforms Thursday When Compared To Competitors

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Motorola Solutions Inc. Stock Underperforms Thursday When Compared To Competitors

5:09 pm ET June 16, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Motorola Solutions Inc. MSI shed 3.01% to $197.00 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 3.25% to 3,666.77 and Dow Jones Industrial Average DJIA falling 2.42% to 29,927.07. This was the stock's second consecutive day of losses. Motorola Solutions Inc. closed $76.65 below its 52-week high ($273.65), which the company achieved on December 30th.

The stock underperformed when compared to some of its competitors Thursday, as L3Harris Technologies Inc. LHX fell 2.04% to $222.08. Trading volume (846,894) remained 25,827 below its 50-day average volume of 872,721.

Data source: Dow Jones Market Data, FactSet. Data compiled June 16, 2022.

(END) Dow Jones Newswires

June 16, 2022 17:09 ET (21:09 GMT)