Shares of Textron Inc.
slumped 0.73% to $68.16 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.20% to 4,367.48 and the Dow Jones Industrial Average
rising 0.07% to 34,823.35. The stock's fall snapped a two-day winning streak. Textron Inc. closed $2.52 short of its 52-week high ($70.68), which the company achieved on June 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Lockheed Martin Corp.
fell 0.25% to $379.93, Boeing Co.
fell 0.75% to $220.87, and Airbus SE ADR
fell 1.52% to $32.32. Trading volume (853,326) remained 402,552 below its 50-day average volume of 1.3 M.