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Raytheon Technologies Corp. stock falls Thursday, underperforms market

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Terrence Horan

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Shares of Raytheon Technologies Corp. RTX, +0.49% slipped 0.57% to $89.17 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.37% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.43% rising 1.56% to 34,912.56. This was the stock's fourth consecutive day of losses. Raytheon Technologies Corp. closed $2.21 short of its 52-week high ($91.38), which the company achieved on October 11th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Boeing Co. BA, +0.09% fell 1.96% to $217.44, TransDigm Group Inc. TDG, -0.57% rose 0.59% to $635.74, and Heico Corp. HEI, -1.33% rose 3.22% to $138.76. Trading volume (4.2 M) remained 373,250 below its 50-day average volume of 4.6 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.