Raytheon Technologies Corp. Stock Falls Tuesday, Underperforms Market
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Shares of Raytheon Technologies Corp. (RTX) slipped 0.25% to $98.43 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.20% to 3,990.97 and Dow Jones Industrial Average falling 1.14% to 33,910.85. This was the stock's second consecutive day of losses. Raytheon Technologies Corp. closed $7.59 short of its 52-week high ($106.02), which the company reached on April 21st.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Boeing Co. (BA) fell 1.27% to $211.41. Trading volume (4.0 M) remained 305,997 below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 17, 2023.
(END) Dow Jones Newswires
January 17, 2023 17:23 ET (22:23 GMT)
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