Raytheon Company (RTN): Today's Featured Aerospace/Defense Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Raytheon Company (RTN) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 1.3%. By the end of trading, Raytheon Company rose $0.77 (1.0%) to $76.65 on light volume. Throughout the day, 1,057,667 shares of Raytheon Company exchanged hands as compared to its average daily volume of 1,997,200 shares. The stock ranged in a price between $76.02-$76.85 after having opened the day at $76.15 as compared to the previous trading day's close of $75.88. Other companies within the Aerospace/Defense industry that increased today were: Erickson Air-Crane (EAC), up 10.6%, Astronics Corporation (ATRO), up 4.6%, Orbital Sciences Corporation (ORB), up 2.8% and Exelis (XLS), up 2.8%.
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