Shares of L3Harris Technologies Inc. LHX inched 0.85% higher to $210.76 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.11% to 4,170.42 and the Dow Jones Industrial Average DJIA rising 0.90% to 34,035.99. This was the stock's second consecutive day of gains. L3Harris Technologies Inc. hit a new 52-week high, surpassing its previous peak of $210.14, which the company achieved on April 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Cisco Systems Inc. CSCO rose 0.53% to $51.64, Telefon AB L.M. Ericsson ADR ERIC rose 1.17% to $13.84, and Nokia Corp. ADR NOK remained unchanged. Trading volume (898,990) remained 251,151 below its 50-day average volume of 1.2 M.