Shares of Rtx Corp (NYSE: RTX) are trading nearly 8% lower on Monday after the company announced a a profit cut of up to $3.5 billion. Here’s what you need to know about RTX, and how to earn $500 a month from its stock.
What Happened: RTX, the world’s largest aerospace and defense company by sales, said on Monday that it is recalling 600 to 700 Pratt engines over the next three years, a decision coming from issues related to the powder metal utilized in certain engine parts.
The recall added to the ongoing engine scarcity affecting global airline fleet giants like ...