Lockheed Martin Corp. Stock Falls Friday, Underperforms Market
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Shares of Lockheed Martin Corp. (LMT) dropped 0.05% to $459.60 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.25% to 4,070.56 and the Dow Jones Industrial Average rising 0.08% to 33,978.08. The stock's fall snapped a three-day winning streak. Lockheed Martin Corp. closed $39.35 short of its 52-week high ($498.95), which the company achieved on December 2nd.
Despite its losses, the stock outperformed some of its competitors Friday, as Raytheon Technologies Corp. (RTX) fell 0.65% to $99.60, Boeing Co. (BA) fell 0.73% to $211.17, and Northrop Grumman Corp. (NOC) fell 1.31% to $437.65.true Trading volume (1.6 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2023.
(END) Dow Jones Newswires
January 27, 2023 17:07 ET (22:07 GMT)
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