Raytheon Technologies Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains

Terex Corp

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TEX Terex Corp

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Industrials : Machinery | Small Cap Blend

Company profile

Terex Corporation designs, builds, and supports products used in construction, maintenance, manufacturing, energy, minerals, and materials management applications. The Company segments include Aerial Work Platforms (AWP) and Materials Processing (MP). AWP segment designs, manufactures, services and markets aerial work platform equipment, utility equipment and telehandlers. Its products include portable material lifts, portable aerial work platforms, self-propelled articulating and telescopic booms, scissor lifts, and replacement parts. MP segment designs, manufactures, services and markets materials processing and specialty equipment, including crushers, washing systems, screens, apron feeders, material handlers, pick and carry cranes, rough terrain cranes, tower cranes, wood processing, concrete mixer trucks and concrete pavers, conveyors, environmental and recycling solutions, and their related components and replacement parts.

Raytheon Technologies Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains

5:22 pm ET October 27, 2022 (MarketWatch) Print

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

Shares of Raytheon Technologies Corp. (RTX) advanced 1.41% to $91.80 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.61% to 32,033.28 and the S&P 500 Index falling 0.61% to 3,807.30. This was the stock's second consecutive day of gains. Raytheon Technologies Corp. closed $14.22 below its 52-week high ($106.02), which the company achieved on April 21st.

The stock underperformed when compared to some of its competitors Thursday, as Boeing Co. (BA) rose 4.46% to $139.76, TransDigm Group Inc. (TDG) rose 1.72% to $564.35, and Heico Corp. (HEI) rose 2.31% to $161.23. Trading volume (6.4 M) eclipsed its 50-day average volume of 5.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2022.

(END) Dow Jones Newswires

October 27, 2022 17:22 ET (21:22 GMT)