DJ Lockheed Martin Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Lockheed Martin Corp. $(LMT)$ inched 0.93% higher to $551.82 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
This was the stock's second consecutive day of gains.
Lockheed Martin Corp. closed $67.13 short of its 52-week high ($618.95), which the company reached on October 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as RTX Corp. $(RTX)$ rose 2.19% to $121.59, Boeing Co. $(BA)$ fell 2.54% to $147.16, and Northrop Grumman Corp. $(NOC)$ rose 2.00% to $523.14.
Trading volume (1.7 M) eclipsed its 50-day average volume of 970,856.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 16:40 ET (21:40 GMT)
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