Lockheed Martin Corp. Stock Rises Wednesday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Lockheed Martin Corp. (LMT) inched 0.15% higher to $463.00 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.28% to 3,969.61 and the Dow Jones Industrial Average rising 0.80% to 33,973.01. This was the stock's second consecutive day of gains. Lockheed Martin Corp. closed $35.95 short of its 52-week high ($498.95), which the company reached on December 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Raytheon Technologies Corp. (RTX) fell 0.33% to $99.59, Boeing Co. (BA) rose 0.65% to $208.03, and Northrop Grumman Corp. (NOC) fell 0.58% to $492.93. Trading volume (1.1 M) remained 291,477 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2023.
(END) Dow Jones Newswires
January 11, 2023 17:07 ET (22:07 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.