Lockheed Martin Corp. Stock Underperforms Friday When Compared To Competitors

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Artificial Intelligence Technology Solutions Inc. is engaged in the delivery of artificial intelligence (AI) and robotic solutions for operational, security, and monitoring needs. The Company is focused on applying advanced AI-driven technologies, paired with multi-use hardware, and supported by custom software and cloud services, to intelligently automate and integrate a range of high-frequency security, concierge, and operational tasks. It owns and operates three wholly owned subsidiaries, which are Robotic Assistance Devices, Inc. (RAD I), Robotic Assistance Devices Group, Inc. (RAD G) and Robotic Assistance Devices Mobile, Inc. (RAD M). RAD I own the intellectual property related to RADSoC, RAD Mobile SOC, RADGuard, and their core operating architecture. RAD G is focused on the development of advanced software and electronics solutions. RAD M is focused on the development of autonomous mobile devices, both ground-based, and airborne. Its solutions are suited to various industries.

Lockheed Martin Corp. Stock Underperforms Friday When Compared To Competitors

5:06 pm ET November 11, 2022 (MarketWatch) Print

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

Shares of Lockheed Martin Corp. (LMT) slipped 5.48% to $463.86 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.92% to 3,992.93 and the Dow Jones Industrial Average rising 0.10% to 33,747.86. Lockheed Martin Corp. closed $30.80 short of its 52-week high ($494.66), which the company achieved on November 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Boeing Co. (BA) fell 0.05% to $177.49, Northrop Grumman Corp. (NOC) fell 7.32% to $492.70, and General Dynamics Corp. (GD) fell 4.08% to $243.13. Trading volume (3.0 M) eclipsed its 50-day average volume of 1.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2022.

(END) Dow Jones Newswires

November 11, 2022 17:06 ET (22:06 GMT)