Why RTX Stock Fell in 2023

Aerospace giant RTX (RTX 0.54%) came into 2023 with a new name and considerable promise, but the company ran into some unexpected headwinds in the form of a massive engine recall.The details leaked out slowly, and over time it became clear that the fix would be costly. Investors decided not to wait for a turnaround, sending the stock down as much as 35% for the year at its low.The stock recovered somewhat in the final months of 2023, but it was still a year to forget for RTX investors. Shares of RTX ended d ...