Lockheed Martin Corp. Stock Rises Monday, Outperforms Market
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Shares of Lockheed Martin Corp. (LMT) rallied 2.18% to $469.10 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,111.08 and Dow Jones Industrial Average falling 0.10% to 33,891.02. This was the stock's second consecutive day of gains. Lockheed Martin Corp. closed $29.85 short of its 52-week high ($498.95), which the company achieved on December 2nd.
The stock outperformed some of its competitors Monday, as Raytheon Technologies Corp. (RTX) rose 1.20% to $97.64, Boeing Co. (BA) rose 0.39% to $206.81, and Northrop Grumman Corp. (NOC) rose 1.89% to $448.96. Trading volume (1.4 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 6, 2023.
(END) Dow Jones Newswires
February 06, 2023 17:07 ET (22:07 GMT)
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