Raytheon trims earnings outlook again and takes a hit on Wall Street
Raytheon Co.'s stock lost about 40% of its value yesterday after the company reduced its earnings expectations for the second time in less than a month, dropping 18.75 by the bell to close at $24.25. Late-day buying after trading in the company's stock was halted temporarily brought the price back...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
