Lockheed Martin Corp. Stock Falls Friday, Still Outperforms Market
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Shares of Lockheed Martin Corp. (LMT) slipped 0.07% to $475.50 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,861.59 and Dow Jones Industrial Average falling 1.07% to 31,909.64. This was the stock's second consecutive day of losses. Lockheed Martin Corp. closed $23.45 below its 52-week high ($498.95), which the company achieved on December 2nd.
The stock underperformed when compared to some of its competitors Friday, as Raytheon Technologies Corp. (RTX) rose 0.07% to $96.00, Boeing Co. (BA) rose 0.91% to $203.07, and Northrop Grumman Corp. (NOC) rose 0.16% to $459.78. Trading volume (1.3 M) remained 26,863 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2023.
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March 10, 2023 17:07 ET (22:07 GMT)
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