Raytheon Technologies Corp. Stock Outperforms Competitors On Strong Trading Day

22nd Century Group Inc

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Company profile

22nd Century Group, Inc. is an agricultural biotechnology and intellectual property company. The Company is focused on tobacco harm reduction, reduced nicotine tobacco and improving health and wellness through plant science. In tobacco, hemp/cannabis, and hop plants, it uses various plant breeding technologies, including genetic engineering, gene-editing, and molecular breeding to deliver solutions for the life science and consumer products industries by creating new plants with optimized alkaloid and flavonoid profiles, as well as improved yields and valuable agronomic traits. It has developed very low nicotine content (VLNC) tobacco and cigarettes, which contain 95% less nicotine than conventional tobacco and cigarettes. Its reduced nicotine cigarettes include VLN King and VLN Menthol King. In hemp, the Company is developing hemp varieties with increased levels of certain cannabinoids and other desirable agronomic traits. The Company has an interest in RX Pharmatech Ltd (RXP).

Raytheon Technologies Corp. Stock Outperforms Competitors On Strong Trading Day

5:34 pm ET December 7, 2022 (MarketWatch) Print

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

Shares of Raytheon Technologies Corp. (RTX) inched 0.31% higher to $99.04 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 33,597.92 and the S&P 500 Index falling 0.19% to 3,933.92. The stock's rise snapped a two-day losing streak. Raytheon Technologies Corp. closed $6.98 below its 52-week high ($106.02), which the company achieved on April 21st.

The stock outperformed some of its competitors Wednesday, as Boeing Co. (BA) fell 1.08% to $176.50. Trading volume (3.2 M) remained 1.5 million below its 50-day average volume of 4.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 7, 2022.

(END) Dow Jones Newswires

December 07, 2022 17:34 ET (22:34 GMT)