Lockheed Martin Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Lockheed Martin Corp. (LMT) slipped 1.56% to $465.87 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.10% to 3,916.64 and Dow Jones Industrial Average falling 1.19% to 31,861.98. This was the stock's third consecutive day of losses. Lockheed Martin Corp. closed $33.08 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 Friday, as Raytheon Technologies Corp. (RTX) fell 2.38% to $95.75, Boeing Co. (BA) fell 1.05% to $201.05, and Northrop Grumman Corp. (NOC) fell 1.46% to $443.60. Trading volume (6.5 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2023.
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March 17, 2023 17:06 ET (21:06 GMT)
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