Textron shares slip 1.61% and underperform competitors

9 articles · Updated · MarketWatch · May 7

The stock closed at $91.59 on Thursday as the S&P 500 fell 0.38% and the Dow dropped 0.63% in a broadly weak session.
Textron's decline ended a two-day winning streak and left the shares 9.83% below their 52-week high of $101.57 reached on 18 February.
It lagged Honeywell, down 0.36%, while RTX edged up 0.02% and Boeing gained 0.48%; trading volume of 1.2 million was below its 50-day average.

Will Textron's planned split unlock value, or will its operational weaknesses undermine the new A&D-focused company?

Amid a defense 'supercycle,' can Textron overcome the industry's crippling capacity crisis to meet surging global demand?