Lockheed Martin Corp. stock rises Tuesday, outperforms market

Lockheed Martin Corp. stock rises Tuesday, outperforms market

Shares of Lockheed Martin Corp. LMT, +1.13% rose 1.13% to $467.25 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.87% rising 0.87% to 3,991.73 and the Dow Jones Industrial Average DJIA, +0.17% rising 0.17% to 33,592.92. The stock’s rise snapped a two-day losing streak. Lockheed Martin Corp. closed $27.41 below its 52-week high ($494.66), which the company reached on November 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Boeing Co. BA, +1.04% rose 1.04% to $175.35, Northrop Grumman Corp. NOC, +3.94% rose 3.94% to $500.72, and General Dynamics Corp. GD, +1.37% rose 1.37% to $246.14. Trading volume (3.3 M) eclipsed its 50-day average volume of 1.5 M.

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