Lockheed Martin Corp. Stock Outperforms Market Despite Losses On The Day
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Shares of Lockheed Martin Corp. (LMT) shed 1.32% to $441.27 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.56% to 3,928.86 and Dow Jones Industrial Average falling 1.81% to 33,296.96. This was the stock's fourth consecutive day of losses. Lockheed Martin Corp. closed $57.68 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 2.73% to $95.74, Boeing Co. (BA) fell 0.95% to $209.41, and Northrop Grumman Corp. (NOC) fell 2.09% to $446.06. Trading volume (1.6 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 17:07 ET (22:07 GMT)
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