Lockheed Martin Corp. Stock Falls Wednesday, Underperforms Market

Bird Global Inc

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Industrials : Ground Transportation | Small Cap Growth

Company profile

Bird Global, Inc. is a micro mobility company, which is engaged in delivering electric transportation solutions for short distances. The Company’s segments include North America, Europe, Middle East and Africa (EMEA) and Other. The Company’s offerings consist of Sharing and Product Sales. Its core vehicle-sharing business and operations (Sharing) provide riders with on-demand access to Bird vehicles (e-scooters and e-bikes), enabling them to locate, unlock, and pay for rides through its mobile application (the Bird App). The Bird App provides an interface, where riders can locate, book, and pay for on-demand rides. In addition to its Sharing business, it offers consumers the opportunity to purchase Bird vehicles for personal use. Its Product Sales business consists primarily of vehicle sales to retail customers. It sells several Bird vehicle models through select retail and wholesale channels. The Company's vehicles include BirdZero, BirdOne, BirdTwo, BirdThree and Bird S.

Lockheed Martin Corp. Stock Falls Wednesday, Underperforms Market

5:07 pm ET February 1, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Lockheed Martin Corp. (LMT) slipped 0.22% to $462.25 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.05% to 4,119.21 and the Dow Jones Industrial Average rising 0.02% to 34,092.96. The stock's fall snapped a two-day winning streak. Lockheed Martin Corp. closed $36.70 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 Wednesday, as Raytheon Technologies Corp. (RTX) fell 1.43% to $98.42, Boeing Co. (BA) rose 0.82% to $214.75, and Northrop Grumman Corp. (NOC) fell 1.22% to $442.59. Trading volume (1.2 M) remained 151,140 below its 50-day average volume of 1.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled February 1, 2023.

(END) Dow Jones Newswires

February 01, 2023 17:07 ET (22:07 GMT)