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Company Close Updates

Textron Inc. stock underperforms Thursday when compared to competitors

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Terrence Horan

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Shares of Textron Inc. TXT, +0.27% 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 SPX, +0.42% rising 0.20% to 4,367.48 and the Dow Jones Industrial Average DJIA, +0.44% 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. LMT, -0.06% fell 0.25% to $379.93, Boeing Co. BA, +0.03% fell 0.75% to $220.87, and Airbus SE ADR EADSY, +1.63% fell 1.52% to $32.32. Trading volume (853,326) remained 402,552 below its 50-day average volume of 1.3 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.

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