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Textron Inc. stock rises Wednesday, outperforms market

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Terrence Horan

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Shares of Textron Inc. TXT, -0.25% inched 0.89% higher to $70.46 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, -0.91% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA, -0.48% rising 0.68% to 34,814.39. Textron Inc. closed $4.34 below its 52-week high ($74.80), which the company reached on August 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Lockheed Martin Corp. LMT, -0.15% rose 0.21% to $345.07, Boeing Co. BA, rose 1.25% to $214.22, and Airbus SE ADR EADSY, -2.16% rose 0.78% to $33.40. Trading volume (1.3 M) eclipsed its 50-day average volume of 1.1 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.