Lockheed Martin Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Lockheed Martin Corp. (LMT) slumped 0.09% to $477.89 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.61% to 4,045.64 and the Dow Jones Industrial Average rising 1.17% to 33,390.97. The stock's fall snapped a two-day winning streak. Lockheed Martin Corp. closed $21.06 below its 52-week high ($498.95), which the company reached on December 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Raytheon Technologies Corp. (RTX) rose 0.02% to $99.02, Boeing Co. (BA) rose 2.40% to $215.11, and Northrop Grumman Corp. (NOC) fell 0.19% to $467.38. Trading volume (1.1 M) remained 295,776 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2023.
(END) Dow Jones Newswires
March 03, 2023 17:08 ET (22:08 GMT)
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