Lockheed Martin Corp. Stock Falls Thursday, Underperforms Market
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Shares of Lockheed Martin Corp. (LMT) dropped 0.21% to $467.90 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.30% to 3,948.72 and the Dow Jones Industrial Average rising 0.23% to 32,105.25. This was the stock's third consecutive day of losses. Lockheed Martin Corp. closed $31.05 short of 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 Thursday, as Raytheon Technologies Corp. (RTX) fell 0.72% to $96.00, Boeing Co. (BA) rose 0.89% to $197.90, and Northrop Grumman Corp. (NOC) rose 0.19% to $444.44. Trading volume (1.0 M) remained 474,024 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 23, 2023.
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March 23, 2023 17:07 ET (21:07 GMT)
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