101.41
price down icon0.29%   -0.30
 
loading

Why is RTX Corp (RTX) Stock down?

11 Sep, 2023:

RTX stocks fell by 7.88% to $76.90. RTX is beginning to quantify the impact of a previously announced massive recall of one of its most popular aircraft engines, forecasting billions in charges related to the problems.

https://www.fool.com/investing/2023/09/11/why-rtx-stock-is-falling-today/

25 Jul, 2023:

Shares of RTX (Raytheon Technologies) had its worst selloff in more than 3 years after the company said some Pratt & Whitney engines need to be removed from service. Raytheon Technologies beat quarterly estimates and narrowed its guidance for the full year. But investors were more focused on weak free cash flow and issues at its all-important Pratt & Whitney engine unit.

https://www.marketwatch.com/story/raytheons-stock-slides-premarket-after-company-says-it-needs-to-remove-pratt-whitney-engines-for-inspection-after-issue-with-powder-metal-5115c015

aerospace_defense LMT
$461.29
price down icon 0.75%
aerospace_defense BA
$167.22
price up icon 0.25%
aerospace_defense GD
$284.41
price down icon 0.17%
aerospace_defense NOC
$480.45
price down icon 1.56%
aerospace_defense TDG
$1,259.15
price up icon 0.20%
Cap:     |  Volume (24h):