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Following a two-day downturn, Boeing (NYSE:) Co. made a minor recovery on Wednesday, with a 0.22% increase to close at $191.83. Despite this rebound, the aerospace giant’s shares were still $51.27 short of its 52-week high set on August 1st, 2023.
The broader market presented mixed results on the same day. The registered a slight growth of 0.10% to settle at 4,382.78, while the experienced a marginal decline of 0.12%, ending at 34,112.27.
While Boeing’s recovery was noteworthy, its competitor RTX Corp outpaced it with a higher increase of 0.64% to finish at $83.20 on Wednesday. This performance came even as Boeing’s trading volume remained lower than average at 3 million shares.
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