Lockheed Martin Corp. Stock Falls Monday, Underperforms Market
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Shares of Lockheed Martin Corp. (LMT) shed 0.45% to $441.28 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,019.81 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. Lockheed Martin Corp. closed $57.67 short of its 52-week high ($498.95), which the company achieved on December 2nd.
The stock underperformed when compared to some of its competitors Monday, as Raytheon Technologies Corp. (RTX) rose 2.00% to $96.25, Boeing Co. (BA) rose 1.55% to $209.97, and Northrop Grumman Corp. (NOC) rose 0.02% to $450.87. Trading volume (1.7 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.
(END) Dow Jones Newswires
January 23, 2023 17:07 ET (22:07 GMT)
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