Shares of L3Harris Technologies Inc. LHX inched 0.88% higher to $212.05 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.93% to 4,173.42 and the Dow Jones Industrial Average DJIA rising 0.93% to 34,137.31. This was the stock's second consecutive day of gains. L3Harris Technologies Inc. hit a new 52-week high, surpassing its previous peak of $212.00, which the company reached on April 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Cisco Systems Inc. CSCO rose 0.27% to $51.93, Telefon AB L.M. Ericsson ADR ERIC rose 5.91% to $14.34, and Nokia Corp. ADR NOK rose 1.45% to $4.21. Trading volume (899,578) remained 209,174 below its 50-day average volume of 1.1 M.