Tiger Brokers

L3Harris Technologies Inc. Stock Sheds 4.6%, Underperforms Peers

Dow Jones
Aug 18

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of L3Harris Technologies Inc. slipped 4.6% to $278.38 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.5% to 7,745.06 and Dow Jones Industrial Average falling 0.5% to 53,459.78.

L3Harris Technologies Inc. closed 26.6% below its 52-week high of $379.23, which the company reached on March 2nd.

The stock underperformed when compared to some of its peers, as RTX Corp. fell 0.6% to $221.64, Boeing Co. fell 2.5% to $225.95, and Lockheed Martin Corp. fell 2.45% to $593.74.

Trading volume totaled 3.0 million, compared to the 50-day average of 1.5 million.

Data source: Dow Jones Market Data, FactSet

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