Lockheed Martin Corp. Stock Rises Friday, Outperforms Market

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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 Rises Friday, Outperforms Market

5:15 pm ET December 2, 2022 (MarketWatch) Print

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

Shares of Lockheed Martin Corp. (LMT) rallied 2.59% to $496.23 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.10% to 34,429.88 and the S&P 500 Index falling 0.12% to 4,071.70. Lockheed Martin Corp. hit a new 52-week high, surpassing its previous peak of $494.66, which the company achieved on November 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Raytheon Technologies Corp. (RTX) rose 1.52% to $101.01, Boeing Co. (BA) rose 4.03% to $182.87, and Northrop Grumman Corp. (NOC) rose 2.89% to $545.60. Trading volume (1.7 M) eclipsed its 50-day average volume of 1.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2022.

(END) Dow Jones Newswires

December 02, 2022 17:15 ET (22:15 GMT)