Does NASDAQ use L3Harris Technologies (LHX) value to determine compliance?

NASDAQ does not use this value to determine compliance with the listing requirements. L3Harris Technologies, Inc. Common Stock (LHX) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets.

Who is L3Harris Technologies?

L3Harris Technologies, Inc. is an agile global aerospace and defense technology innovator, which engages in the provision of defense and commercial technologies across air, land, sea, space and cyber domains.

Why is L3Harris trading at a 10% discount?

LHX is trading at a 10% discount. L3Harris' strategy to position itself as the "sixth prime" U.S. defense contractor could offer growth potential if it is able to bid for programs it could not take on as a smaller and more specialized contractor. L3Harris depends on U.S. military funding, which is an inherently political and thus uncertain process.

How did L3 & Harris become a company?

It formed in 2019 from the merger of L-3 Technologies, a sensormaker that operated a decentralized business focused on inorganic growth, and the Harris Corporation, a sensor and radio manufacturer that ran a more unified business.