TransDigm Group Inc. stock underperforms Friday when compared to competitors despite daily gains – MarketWatch

Shares of TransDigm Group Inc. TDG, +0.13% inched 0.13% higher to $819.05 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.48% falling 0.48% to 4,117.37 and Dow Jones Industrial Average DJIA, -1.12% falling 1.12% to 32,417.59.
The stock’s rise snapped a two-day losing streak.
TransDigm Group Inc. closed $120.95 short of its 52-week high ($940.00), which the company reached on August 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Honeywell International Inc. HON, +0.53% rose 0.53% to $177.00, RTX Corp. RTX, +0.01% rose 0.01% to $79.16, and Boeing Co. BA, +0.34% rose 0.34% to $179.69.
Trading volume (221,239) eclipsed its 50-day average volume of 217,270.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
After another rough week for the S&P 500, investors should watch out if the index can’t defend a key level, says Bank of America’s head of portfolio strategy Michael Hartnett.

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