Shares of L3Harris Technologies Inc. LHX, -1.08% slipped 1.08% to $178.27 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.10% rising 1.10% to 4,436.01 and the Dow Jones Industrial Average DJIA, +0.54% rising 0.54% to 34,472.98.
This was the stock’s fifth consecutive day of losses.
L3Harris Technologies Inc. closed $76.83 below its 52-week high ($255.10), which the company achieved on October 27th.
The stock underperformed when compared to some of its competitors Wednesday, as RTX Corp. RTX, +0.83% rose 0.83% to $86.04, Boeing Co. BA, -0.65% fell 0.65% to $228.58, and Lockheed Martin Corp. LMT, +0.36% rose 0.36% to $454.57.
Trading volume (1.2 M) eclipsed its 50-day average volume of 995,320.