Raytheon Technologies Corp. Stock Falls Friday, Underperforms Market
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Shares of Raytheon Technologies Corp. (RTX) sank 0.65% to $99.60 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.25% to 4,070.56 and the Dow Jones Industrial Average rising 0.08% to 33,978.08. The stock's fall snapped a five-day winning streak. Raytheon Technologies Corp. closed $9.24 below its 52-week high ($108.84), which the company achieved on January 24th.
Despite its losses, the stock outperformed some of its competitors Friday, as Boeing Co. (BA) fell 0.73% to $211.17. Trading volume (3.4 M) remained 1.1 million below its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2023.
(END) Dow Jones Newswires
January 27, 2023 17:22 ET (22:22 GMT)
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