DJ Lockheed Martin Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Lockheed Martin Corp. $(LMT)$ inched 0.04% higher to $542.22 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.
This was the stock's fourth consecutive day of gains.
Lockheed Martin Corp. closed $76.73 short of its 52-week high ($618.95), which the company reached on October 21st.
The stock underperformed when compared to some of its competitors Friday, as RTX Corp. $(RTX)$ rose 0.20% to $120.77, Boeing Co. $(BA)$ rose 4.10% to $149.29, and Northrop Grumman Corp. $(NOC)$ rose 0.09% to $496.87.
Trading volume (1.3 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2024.
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(END) Dow Jones Newswires
November 22, 2024 16:41 ET (21:41 GMT)
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