What Is Happening With RTX Stock?
Photo illustration by Cheng Xin/Getty ImagesGetty ImagesRTX (RTX)‘s stock surged by 43%, driven by rising profitability and a healthier P/E ratio, propelled by a strong Q3 performance, increasing demand, and significant contract wins. With high hopes for engine upgrades and positive analyst opinions, the upward trend appears far from finished.Factors behind stock price changeTrefisSo what is going on? The stock price increased by 43%, primarily due to a 31% rise in net margin, in addition to a 7.5% growth i ...