Lockheed (LMT) Soars 3.6%: Is Further Upside Left in the Stock?
LMTLockheed Martin(LMT) ZACKS·2024-10-02 23:25

Lockheed Martin (LMT) shares soared 3.6% in the last trading session to close at $605.86. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 2.9% gain over the past four weeks.Stocks of major defense contractors, which provide their defense products as a part of America’s military aid to Israel, surged following Iran’s latest missile attack on Israel. Lockheed being the largest defense contractor in the United States, thus witnessed ...