Raytheon Technologies Corp. Stock Falls Tuesday, Still Outperforms Market
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Shares of Raytheon Technologies Corp. (RTX) dropped 0.11% to $100.81 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.40% to 3,824.14 and Dow Jones Industrial Average falling 0.03% to 33,136.37. The stock's fall snapped a two-day winning streak. Raytheon Technologies Corp. closed $5.21 below its 52-week high ($106.02), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Tuesday, as Boeing Co. (BA) rose 2.57% to $195.39. Trading volume (3.5 M) remained 906,372 below its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2023.
(END) Dow Jones Newswires
January 03, 2023 17:22 ET (22:22 GMT)
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