Updated
Updated · MarketWatch · Apr 30
Lockheed Martin stock rises 1.60%, ending 12-day losing streak
Updated
Updated · MarketWatch · Apr 30

Lockheed Martin stock rises 1.60%, ending 12-day losing streak

13 articles · Updated · MarketWatch · Apr 30
  • The shares closed at $517.97 on Thursday as the S&P 500 gained 1.02% to 7,209.01 and the Dow rose 1.62% to 49,652.14.
  • Despite the rebound, Lockheed Martin underperformed some aerospace and defence peers, with RTX up 1.90%, Boeing 2.20% and Northrop Grumman 1.24%.
  • The stock remains 25.15% below its 52-week high of $692.00, reached on 2 March, showing the latest gain has only partly reversed its recent slide.
Lockheed's stock broke its losing streak, but do its operational woes signal deeper trouble?
Can a record defense budget fix Lockheed Martin's deep-seated production and cash flow issues?