Lockheed Martin Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Lockheed Martin Corp. (LMT) sank 0.47% to $474.26 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.30% to 3,970.15 and Dow Jones Industrial Average falling 0.71% to 32,656.70. This was the stock's second consecutive day of losses. Lockheed Martin Corp. closed $24.69 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 Tuesday, as Raytheon Technologies Corp. (RTX) fell 1.08% to $98.09, Boeing Co. (BA) rose 0.54% to $201.55, and Northrop Grumman Corp. (NOC) fell 1.27% to $464.11. Trading volume (1.2 M) remained 236,340 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2023.
(END) Dow Jones Newswires
February 28, 2023 17:10 ET (22:10 GMT)
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