DJ TransDigm Group Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of TransDigm Group Inc. (TDG) rose 1.70% to $1,260.12 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
The stock's rise snapped a two-day losing streak.
TransDigm Group Inc. closed $191.20 below its 52-week high ($1,451.32), which the company reached on October 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Honeywell International Inc. $(HON)$ rose 0.01% to $226.88, RTX Corp. $(RTX)$ rose 0.88% to $115.46, and Boeing Co. $(BA)$ rose 2.56% to $177.04.
Trading volume (439,261) eclipsed its 50-day average volume of 277,867.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 16:48 ET (21:48 GMT)
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