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What's behind RTX stock's weak performance? Reasons here
Seeking Alpha ·
Seeking Alpha reports: RTX stock has remained under pressure for more than a week, trading near $184.02 on Tuesday. The weakness stands out against the broader market, with the stock up just 0.16% YTD, versus a 13.56% gain for the S&P 500 ( SP500 ). The aerospace and defense company's one-week price chart shows a clear bearish trend, with lower highs and lower closes with no meaningful positive daily close. The RTX price weakness continued despite several defense contract wins, including…