Lockheed Martin Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Lockheed Martin Corp. (LMT) rallied 1.42% to $474.54 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,970.99 and the Dow Jones Industrial Average rising 0.41% to 32,237.53. The stock's rise snapped a three-day losing streak. Lockheed Martin Corp. closed $24.41 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) rose 0.46% to $96.44, Boeing Co. (BA) fell 0.19% to $197.53, and Northrop Grumman Corp. (NOC) rose 2.43% to $455.25. Trading volume (1.0 M) remained 485,420 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2023.
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March 24, 2023 17:06 ET (21:06 GMT)
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