Raytheon Technologies Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Raytheon Technologies Corp. (RTX) inched 0.29% higher to $97.13 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. This was the stock's fifth consecutive day of gains. Raytheon Technologies Corp. closed $8.89 below its 52-week high ($106.02), which the company achieved on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Boeing Co. (BA) rose 1.36% to $174.85, TransDigm Group Inc. (TDG) rose 1.54% to $639.04, and Heico Corp. (HEI) fell 0.10% to $162.40. Trading volume (2.2 M) remained 3.0 million below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 17:22 ET (22:22 GMT)
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