Lockheed Martin Corp. Stock Falls Thursday, Underperforms Market
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Shares of Lockheed Martin Corp. (LMT) sank 0.27% to $461.74 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.34% to 3,983.17 and the Dow Jones Industrial Average rising 0.64% to 34,189.97. The stock's fall snapped a two-day winning streak. Lockheed Martin Corp. closed $37.21 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 1.09% to $100.68, Boeing Co. (BA) rose 3.02% to $214.32, and Northrop Grumman Corp. (NOC) fell 1.00% to $487.98. Trading volume (936,580) remained 391,112 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2023.
(END) Dow Jones Newswires
January 12, 2023 17:07 ET (22:07 GMT)
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