Raytheon Technologies Corp. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Raytheon Technologies Corp. (RTX) inched 0.59% higher to $100.92 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.25% to 3,839.50 and Dow Jones Industrial Average falling 0.22% to 33,147.25. This was the stock's second consecutive day of gains. Raytheon Technologies Corp. closed $5.10 short of its 52-week high ($106.02), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Friday, as Boeing Co. (BA) rose 0.84% to $190.49. Trading volume (3.0 M) remained 1.5 million below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2022.
(END) Dow Jones Newswires
December 30, 2022 17:22 ET (22:22 GMT)
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