Lockheed Martin Corp. Stock Falls Thursday, Underperforms Market
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Shares of Lockheed Martin Corp. (LMT) slumped 0.09% to $479.08 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.53% to 4,012.32 and the Dow Jones Industrial Average rising 0.33% to 33,153.91. The stock's fall snapped a three-day winning streak. Lockheed Martin Corp. closed $19.87 short of 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 Thursday, as Raytheon Technologies Corp. (RTX) fell 0.32% to $99.64, Boeing Co. (BA) rose 1.15% to $208.13, and Northrop Grumman Corp. (NOC) fell 0.52% to $476.26. Trading volume (916,846) remained 487,783 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 23, 2023.
(END) Dow Jones Newswires
February 23, 2023 17:06 ET (22:06 GMT)
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