Textron Inc. Stock Slides 6.4%, Underperforms Peers
Dow Jones2026/07/28 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Textron Inc. shed 6.4% to $89.96 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,428.78 and the Dow Jones Industrial Average rising 1.0% to 52,747.32.
The stock's fall snapped a four-day winning streak.
Textron Inc. closed 11.4% below its 52-week high of $101.57, which the company reached on February 18th.
The stock underperformed when compared to some of its peers, as Honeywell International Inc. rose 0.5% to $247.05, RTX Corp. rose 0.1% to $218.58, and Boeing Co. rose 4.76% to $221.56.
Trading volume totaled 5.4 million, compared to the 50-day average of 1.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
July 28, 2026 16:35 ET (20:35 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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