Lockheed Martin Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Lockheed Martin Corp. (LMT) inched 0.58% higher to $474.19 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.42% to 4,027.81 and the Dow Jones Industrial Average rising 1.00% to 32,717.60. The stock's rise snapped a two-day losing streak. Lockheed Martin Corp. closed $24.76 below its 52-week high ($498.95), which the company achieved on December 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Raytheon Technologies Corp. (RTX) rose 0.93% to $97.70, Boeing Co. (BA) rose 1.47% to $207.97, and Northrop Grumman Corp. (NOC) rose 0.56% to $461.57. Trading volume (1.1 M) remained 364,814 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 29, 2023.
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March 29, 2023 17:07 ET (21:07 GMT)
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