Lockheed Martin Corp. Stock Falls Tuesday, Underperforms Market
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Shares of Lockheed Martin Corp. (LMT) sank 0.30% to $479.50 Tuesday, 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 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. The stock's fall snapped a three-day winning streak. Lockheed Martin Corp. closed $15.16 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 Tuesday, as Boeing Co. (BA) fell 0.25% to $172.50, Northrop Grumman Corp. (NOC) fell 0.61% to $524.65, and General Dynamics Corp. (GD) rose 0.38% to $251.52. Trading volume (837,864) remained 700,699 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 17:06 ET (22:06 GMT)
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