RTX stock fell 10.5% due to concerns over potential tariff impacts totaling $850 million.

From Nasdaq: 2025-04-22 13:43:00

RTX stock fell 10.5% as comments on tariff impacts weighed on aerospace and defense company. Despite no issues with first-quarter earnings and guidance, the potential impact of tariffs caused concern. RTX estimates tariffs from Canada, Mexico, China, and global reciprocal actions could total $850 million, affecting operating profit. Mitigating actions may not fully offset the impact, leading to a larger cash flow hit. While disappointing news, the stock’s price reflects the situation, offering potential upside if trade conflicts are resolved. Investors should monitor the situation closely before investing in RTX.



Read more at Nasdaq: Here’s How RTX Shocked the Market Today (Hint: It’s Tariff Related)