Lockheed Martin Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Lockheed Martin Corp. (LMT) inched 0.87% higher to $485.38 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.75% to 3,963.51 and the Dow Jones Industrial Average rising 0.55% to 33,781.48. The stock's rise snapped a three-day losing streak. Lockheed Martin Corp. closed $13.57 short of its 52-week high ($498.95), which the company achieved on December 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Raytheon Technologies Corp. (RTX) rose 0.45% to $99.49, Boeing Co. (BA) rose 1.46% to $179.08, and Northrop Grumman Corp. (NOC) rose 0.06% to $540.55. Trading volume (762,050) remained 700,245 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 8, 2022.
(END) Dow Jones Newswires
December 08, 2022 17:15 ET (22:15 GMT)
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