Northrop Grumman Corp. stock rises Tuesday, outperforms market

Northrop Grumman Corp. stock rises Tuesday, outperforms market

Shares of Northrop Grumman Corp. NOC, +6.67% rallied 6.67% to $506.80 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.14% rising 1.14% to 3,719.98 and the Dow Jones Industrial Average DJIA, +1.12% rising 1.12% to 30,523.80. This was the stock’s second consecutive day of gains. Northrop Grumman Corp. closed $8.69 short of its 52-week high ($515.49), which the company reached on September 21st.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Lockheed Martin Corp. LMT, +8.69% rose 8.69% to $431.84, Boeing Co. BA, +0.92% rose 0.92% to $137.34, and General Dynamics Corp. GD, +3.78% rose 3.78% to $237.48. Trading volume (1.9 M) eclipsed its 50-day average volume of 797,345.

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