Lockheed Martin Corp. Stock Falls Tuesday, Underperforms Market
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Shares of Lockheed Martin Corp. (LMT) slipped 0.16% to $468.33 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.29% to 4,164.00 and the Dow Jones Industrial Average rising 0.78% to 34,156.69. The stock's fall snapped a two-day winning streak. Lockheed Martin Corp. closed $30.62 below its 52-week high ($498.95), which the company achieved on December 2nd.
The stock underperformed when compared to some of its competitors Tuesday, as Raytheon Technologies Corp. (RTX) rose 0.24% to $97.87, Boeing Co. (BA) rose 3.84% to $214.76, and Northrop Grumman Corp. (NOC) rose 0.71% to $452.15. Trading volume (1.3 M) remained 41,717 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 7, 2023.
(END) Dow Jones Newswires
February 07, 2023 17:07 ET (22:07 GMT)
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