Shares of Raytheon Technologies Corp. RTX, -1.86% slipped 1.86% to $95.80 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +2.24% rising 2.24% to 4,357.86 and the Dow Jones Industrial Average DJIA, +1.55% rising 1.55% to 34,063.10. The stock’s fall snapped a two-day winning streak. Raytheon Technologies Corp. closed $8.54 short of its 52-week high ($104.34), which the company reached on March 1st.
The stock underperformed when compared to some of its competitors Wednesday, as Boeing Co. BA, +5.06% rose 5.06% to $188.99, TransDigm Group Inc. TDG, +1.54% rose 1.54% to $656.00, and Heico Corp. HEI, -1.05% fell 1.05% to $144.85. Trading volume (8.8 M) eclipsed its 50-day average volume of 7.0 M.