Lockheed Martin Corp. Stock Falls Monday, Still Outperforms Market
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Shares of Lockheed Martin Corp. (LMT) slumped 0.39% to $462.04 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.89% to 3,957.25 and Dow Jones Industrial Average falling 0.63% to 33,536.70. This was the stock's second consecutive day of losses. Lockheed Martin Corp. closed $32.62 below its 52-week high ($494.66), which the company reached on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Boeing Co. (BA) fell 2.22% to $173.55, Northrop Grumman Corp. (NOC) fell 2.22% to $481.74, and General Dynamics Corp. (GD) fell 0.13% to $242.82. Trading volume (2.3 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2022.
(END) Dow Jones Newswires
November 14, 2022 17:06 ET (22:06 GMT)
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