RTX Corp stock rises 2.24% but trails aerospace peers

10 articles · Updated · MarketWatch · May 6

Shares closed at $176.74, ending a three-day losing streak, while Boeing gained 2.47%, TransDigm 3.53% and Textron 1.59%.
The move came in a broad market rally, with the S&P 500 up 1.46% to 7,365.12 and the Dow Jones Industrial Average rising 1.24% to 49,910.59.
Despite Wednesday's gain, RTX remains 17.60% below its 52-week high of $214.50 reached on 3 March.

RTX's record backlog signals huge demand, so why is its stock performance still trailing key competitors like TransDigm and Boeing?

RTX beat earnings and raised its dividend, but can it outrun the billion-dollar drag from its grounded jets and massive legal fines?