Raytheon Technologies Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Raytheon Technologies Corp. (RTX) advanced 1.09% to $100.68 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.34% to 3,983.17 and the Dow Jones Industrial Average rising 0.64% to 34,189.97. Raytheon Technologies Corp. closed $5.34 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 Thursday, as Boeing Co. (BA) rose 3.02% to $214.32. Trading volume (4.2 M) remained 63,499 below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2023.
(END) Dow Jones Newswires
January 12, 2023 17:23 ET (22:23 GMT)
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