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L3harris Technologies Inc   (LHX)
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    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods
 


 LHX $234.5400 $3.5000 1.51%

 Volume (M): 10   Open : 231.84    52 Wk Avg :  200.45


L3harris Technologies Inc LHX OHLC Open High Low Closing Chart




  What happened with L3harris Technologies Inc's Stock

L3harris Technologies Inc Stock Declines Slightly by 0.91% in June 2024 Amidst Sector-wide Downturn



Analysis of L3harris Technologies Inc's Stock Performance for June 2024

Throughout June 2024, L3harris Technologies Inc's stock exhibited a modest decline of -0.91%, falling from $225.33 at the beginning of the month to $224.58 by month-end. Despite this relatively minor decrease, the stock underperformed compared to the broader market, specifically within the Aerospace and Defense sector, which experienced an average decline of -1.18% during the same period.

The stock price fluctuated throughout the month, touching its highest point of $228.13 on June 24. The lowest price for the period was recorded on June 14, when the stock hit $215.37. Key events influencing the stock included a 0.11% uptick on June 13 following positive news about milestone achievements driving defense capabilities and strategic growth. Further, on June 17, the stock saw a 1.48% increase in response to the announcement of a collaboration with Accenture aimed at accelerating technological reinvention and long-term growth.

Overall, while L3harris Technologies Inc posted some incremental gains during the month related to corporate news, the stock's overall decrease suggests it faced broader market challenges.






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