DJ TransDigm Group Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of TransDigm Group Inc. (TDG) slipped 1.62% to $1,258.49 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
This was the stock's third consecutive day of losses.
TransDigm Group Inc. closed $192.83 below its 52-week high ($1,451.32), which the company achieved on October 2nd.
The stock underperformed when compared to some of its competitors Monday, as Honeywell International Inc. $(HON)$ fell 0.57% to $225.09, RTX Corp. $(RTX)$ fell 1.20% to $116.58, and Boeing Co. $(BA)$ rose 2.02% to $157.04.
Trading volume (243,379) remained 7,697 below its 50-day average volume of 251,076.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 16:47 ET (21:47 GMT)
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