Raytheon Technologies Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Raytheon Technologies Corp. (RTX) inched 0.04% higher to $100.88 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.16% to 3,808.10 and Dow Jones Industrial Average falling 1.02% to 32,930.08. This was the stock's second consecutive day of gains. Raytheon Technologies Corp. closed $5.14 below its 52-week high ($106.02), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Thursday, as Boeing Co. (BA) rose 0.66% to $204.99. Trading volume (5.0 M) eclipsed its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2023.
(END) Dow Jones Newswires
January 05, 2023 17:23 ET (22:23 GMT)
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