Shares of L3Harris Technologies Inc. LHX sank 0.63% to $210.71 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.92% to 4,134.98 and Dow Jones Industrial Average DJIA falling 0.94% to 33,815.90. The stock's fall snapped a two-day winning streak. L3Harris Technologies Inc. closed $1.50 short of its 52-week high ($212.21), which the company reached on April 21st.
Despite its losses, the stock outperformed some of its competitors Thursday, as Cisco Systems Inc. CSCO fell 0.83% to $51.50, Telefon AB L.M. Ericsson ADR ERIC fell 1.74% to $14.09, and Nokia Corp. ADR NOK fell 1.19% to $4.16.true Trading volume (1.0 M) remained 76,698 below its 50-day average volume of 1.1 M.