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Earth_First

(14,910 posts)
Thu Aug 29, 2013, 06:47 PM Aug 2013

Raytheon hit a 52-week high this week...

Raytheon is the defense industry giant that supplies the military with Tomahawk and Cruise missles.

Obama’s shift from the Syrian sidelines to readying to strike sent Raytheon’s stock to a 52-week high of $77.93 this week. The price fell to around $75.25 near Tuesday’s closing bell, before climbing again on Wednesday.Those prices are well above the stock’s six-month (just under $55 a share) and 12-month ($52.24) lows. The price fluctuated between $55 and $60 from March to late April, climbing to nearly $65 by late May. It hovered around $65.50 during June and for much of July, then began a slow climb toward current levels

'The Street' calls it "coping with protracted contingencies..."

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