Lockheed Martin Corp. Stock Falls Tuesday, Underperforms Market
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Shares of Lockheed Martin Corp. (LMT) shed 0.20% to $474.76 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,002.87 and the Dow Jones Industrial Average rising 0.98% to 32,560.60. Lockheed Martin Corp. closed $24.19 short of its 52-week high ($498.95), which the company reached on December 2nd.
The stock underperformed when compared to some of its competitors Tuesday, as Raytheon Technologies Corp. (RTX) rose 0.49% to $98.01, Boeing Co. (BA) fell 0.03% to $204.70, and Northrop Grumman Corp. (NOC) rose 0.16% to $449.98. Trading volume (1.1 M) remained 477,057 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 21, 2023.
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March 21, 2023 17:06 ET (21:06 GMT)
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