Raytheon Technologies Corp. Stock Rises Thursday, Still Underperforms Market
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Shares of Raytheon Technologies Corp. (RTX) inched 0.45% higher to $99.49 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.75% to 3,963.51 and the Dow Jones Industrial Average rising 0.55% to 33,781.48. This was the stock's second consecutive day of gains. Raytheon Technologies Corp. closed $6.53 short of its 52-week high ($106.02), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Thursday, as Boeing Co. (BA) rose 1.46% to $179.08. Trading volume (2.8 M) remained 1.9 million below its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 8, 2022.
(END) Dow Jones Newswires
December 08, 2022 17:35 ET (22:35 GMT)
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