L3Harris Technologies Inc. has recently seen significant share dealing from both institutional and private investors. Market performance has been strong despite being down 4.12% on Nov 14, and shares remain generally resilient, even outperforming competitors on trading days. Investors who purchased the company's stock a year ago have received respectable returns of around 44%. This strong performance is supported by robust third quarter results in 2024 with L3Harris offering an upward revision of its 2024 guidance. A series of option contracts are available for the company with dates set for November 2025 and January 2025. However, there are concerns about weak financial fundamentals, stock sales by insiders, and the company's use of debt. It is also apparent that L3Harris is entering into strategic partnerships, most notably with Palantir.
L3harris Technologies LHX News Analytics from Tue, 16 Jul 2024 07:00:00 GMT to Sat, 23 Nov 2024 12:11:13 GMT - Rating 4 - Innovation 0 - Information 5 - Rumor -5
