Shares of L3Harris Technologies Inc. LHX, -0.18% slipped 0.18% to $206.75 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.02% rising 1.02% to 4,696.56 and the Dow Jones Industrial Average DJIA, +0.74% rising 0.74% to 35,753.89. L3Harris Technologies Inc. closed $39.33 below its 52-week high ($246.08), which the company reached on October 22nd.
The stock underperformed when compared to some of its competitors Wednesday, as Cisco Systems Inc. CSCO, +0.82% rose 0.82% to $61.53, Telefon AB L.M. Ericsson ADR ERIC, +0.56% rose 0.56% to $10.69, and Nokia Corp. ADR NOK, +2.85% rose 2.85% to $6.14. Trading volume (1.2 M) remained 57,038 below its 50-day average volume of 1.2 M.