Lockheed Martin Corp. Stock Rises Tuesday, Still Underperforms Market
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Shares of Lockheed Martin Corp. (LMT) inched 0.32% higher to $478.87 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.68% to 3,920.56 and the Dow Jones Industrial Average rising 1.06% to 32,155.40. This was the stock's second consecutive day of gains. Lockheed Martin Corp. closed $20.08 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 Tuesday, as Raytheon Technologies Corp. (RTX) rose 0.88% to $98.32, Boeing Co. (BA) rose 1.92% to $207.28, and Northrop Grumman Corp. (NOC) fell 0.89% to $453.66. Trading volume (1.8 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2023.
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March 14, 2023 20:36 ET (00:36 GMT)
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