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RTX - Aerojet Rocketdyne: Buy The Break
February, 09 2022 01:24 PM
Raytheon Technologies Corporation
Stock fell in late January on FTC suit to block merger with Lockheed Martin. Arbitrage accounts have had over two weeks to sell their shares. Lower volume and higher share price indicates arbitrage selling is over. Stock is now below where it was before Lockheed deal was announced. Company is in good shape fundamentally and dramatically trailing other defense names. For further details see:
Aerojet Rocketdyne: Buy The Break
Stock Information
Company Name:
Raytheon Technologies Corporation
Stock Symbol:
RTX
Market:
NYSE
Website:
rtx.com
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