Shares of L3Harris Technologies Inc. LHX slipped 0.32% to $216.99 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.82% to 4,201.62 and the Dow Jones Industrial Average DJIA rising 0.93% to 34,548.53. The stock's fall snapped a five-day winning streak. L3Harris Technologies Inc. closed $1.00 short of its 52-week high ($217.99), which the company reached on May 5th.
The stock underperformed when compared to some of its competitors Thursday, as Cisco Systems Inc. CSCO rose 2.56% to $52.44, Telefon AB L.M. Ericsson ADR ERIC remained unchanged, and Nokia Corp. ADR NOK rose 1.46% to $4.87. Trading volume (1.2 M) eclipsed its 50-day average volume of 1.1 M.