Lockheed Martin Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Lockheed Martin Corp. (LMT) inched 0.84% higher to $478.31 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.76% to 3,981.35 and the Dow Jones Industrial Average rising 1.05% to 33,003.57. This was the stock's second consecutive day of gains. Lockheed Martin Corp. closed $20.64 below its 52-week high ($498.95), which the company reached on December 2nd.
The stock underperformed when compared to some of its competitors Thursday, as Raytheon Technologies Corp. (RTX) rose 0.98% to $99.00, Boeing Co. (BA) rose 2.69% to $210.06, and Northrop Grumman Corp. (NOC) rose 1.24% to $468.27. Trading volume (835,508) remained 555,787 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 2, 2023.
(END) Dow Jones Newswires
March 02, 2023 17:07 ET (22:07 GMT)
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