Lockheed Martin Corp. Stock Rises Monday, Outperforms Market
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Shares of Lockheed Martin Corp. (LMT) rose 2.11% to $475.70 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. The stock's rise snapped a three-day losing streak. Lockheed Martin Corp. closed $23.25 short of its 52-week high ($498.95), which the company reached on December 2nd.
The stock outperformed some of its competitors Monday, as Raytheon Technologies Corp. (RTX) rose 1.86% to $97.53, Boeing Co. (BA) rose 1.85% to $204.77, and Northrop Grumman Corp. (NOC) rose 1.28% to $449.26. Trading volume (1.5 M) remained 36,099 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 17:07 ET (21:07 GMT)
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