Lockheed Martin Corp. Stock Falls Monday, Underperforms Market
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Shares of Lockheed Martin Corp. (LMT) shed 3.01% to $458.99 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.08% to 3,892.09 and Dow Jones Industrial Average falling 0.34% to 33,517.65. This was the stock's second consecutive day of losses. Lockheed Martin Corp. closed $39.96 below 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 Monday, as Raytheon Technologies Corp. (RTX) fell 2.79% to $99.60, Boeing Co. (BA) fell 2.08% to $208.57, and Northrop Grumman Corp. (NOC) fell 4.99% to $495.41. Trading volume (2.4 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 9, 2023.
(END) Dow Jones Newswires
January 09, 2023 17:07 ET (22:07 GMT)
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