Lockheed Martin Corp. Stock Rises Monday, Outperforms Market
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Shares of Lockheed Martin Corp. (LMT) inched 0.86% higher to $480.94 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the stock's third consecutive day of gains. Lockheed Martin Corp. closed $13.72 short of 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 0.55% to $172.94, Northrop Grumman Corp. (NOC) rose 1.43% to $527.87, and General Dynamics Corp. (GD) rose 0.95% to $250.58. Trading volume (1.7 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 17:06 ET (22:06 GMT)
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