Lockheed Martin Corp. Stock Falls Friday, Underperforms Market

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AppFolio, Inc. is a provider of cloud business management solutions for the real estate industry. The Company’s solutions enable its customers to digitally transform their businesses, automate and streamline critical business operations. AppFolio solutions are designed to meet that need in the real estate industry and assist an increasingly interconnected and growing ecosystem of users, including property managers, property owners, real estate investment managers, rental prospects, residents, and service providers, with critical transactions across the real estate lifecycle, including screening potential tenants, sending and receiving payments and providing insurance-related risk mitigation services. Its solutions include AppFolio’s platform, AppFolio Property Manager and AppFolio Property Manager Plus. It also offers a variety of value-added services, including electronic payment services, tenant screening services and insurance.

Lockheed Martin Corp. Stock Falls Friday, Underperforms Market

5:06 pm ET November 4, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Lockheed Martin Corp. (LMT) dropped 0.65% to $481.67 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.36% to 3,770.55 and the Dow Jones Industrial Average rising 1.26% to 32,403.22. Lockheed Martin Corp. closed $9.49 below its 52-week high ($491.16), which the company achieved on November 1st.

The stock underperformed when compared to some of its competitors Friday, as Boeing Co. (BA) rose 2.08% to $160.01, Northrop Grumman Corp. (NOC) fell 0.52% to $522.77, and General Dynamics Corp. (GD) rose 0.17% to $249.36. Trading volume (1.4 M) eclipsed its 50-day average volume of 1.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2022.

(END) Dow Jones Newswires

November 04, 2022 17:06 ET (21:06 GMT)