Raytheon Technologies Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Raytheon Technologies Corp. (RTX) inched 0.44% higher to $95.22 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.36% to 3,770.55 and the Dow Jones Industrial Average rising 1.26% to 32,403.22. This was the stock's second consecutive day of gains. Raytheon Technologies Corp. closed $10.80 below its 52-week high ($106.02), which the company reached on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Boeing Co. (BA) rose 2.08% to $160.01, TransDigm Group Inc. (TDG) rose 2.93% to $579.61, and Heico Corp. (HEI) fell 0.16% to $156.19. Trading volume (4.2 M) remained 987,492 below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2022.
(END) Dow Jones Newswires
November 04, 2022 17:22 ET (21:22 GMT)
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