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Here's Why RTX Rocketed Higher This Week

TheMotleyFool

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Here's Why RTX Rocketed Higher This Week

Shares in commercial aerospace and defense giant (NYSE: RTX) rose by 14.1% in the week to Friday morning. The move comes after an excellent set of third-quarter earnings and a hike in full-year guidance, leaving investors optimistic about 2026.

Here's why the market got so excited.

It's rare for such a large company to deliver strong performance across all its segments, but that's exactly what's happening with RTX right now. Not only did management raise its headline guidance, but it also raised earnings guidance across all three of its segments.

Source Fool.com