Lockheed Martin Corp. Stock Falls Tuesday, Underperforms Market
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Shares of Lockheed Martin Corp. (LMT) sank 0.59% to $447.16 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.20% to 3,990.97 and Dow Jones Industrial Average falling 1.14% to 33,910.85. This was the stock's third consecutive day of losses. Lockheed Martin Corp. closed $51.79 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 Tuesday, as Raytheon Technologies Corp. (RTX) fell 0.25% to $98.43, Boeing Co. (BA) fell 1.27% to $211.41, and Northrop Grumman Corp. (NOC) fell 1.27% to $455.57. Trading volume (1.8 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 17, 2023.
(END) Dow Jones Newswires
January 17, 2023 17:07 ET (22:07 GMT)
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