Lockheed Martin Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Lockheed Martin Corp. (LMT) inched 0.38% higher to $477.33 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.15% to 3,855.76 and Dow Jones Industrial Average falling 0.28% to 31,819.14. The stock's rise snapped a two-day losing streak. Lockheed Martin Corp. closed $21.62 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 Monday, as Raytheon Technologies Corp. (RTX) rose 1.52% to $97.46, Boeing Co. (BA) rose 0.15% to $203.37, and Northrop Grumman Corp. (NOC) fell 0.44% to $457.74. Trading volume (1.7 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2023.
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March 13, 2023 17:07 ET (21:07 GMT)
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