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Why Lockheed Martin Stock Plunged Midday Today
Shares of Lockheed Martin (NYSE: LMT) hovered around breakeven for most of the trading day on Wednesday before suddenly falling more than 3% around 1:30 p.m. ET.The timing coincided with management's appearance at an investor conference where cost pressures were discussed, which appears to have caught investors off guard.Image source: Lockheed Martin.Continue reading
Shares of Lockheed Martin (NYSE: LMT) hovered around breakeven for most of the trading day on Wednesday before suddenly falling more than 3% around 1:30 p.m. ET.
The timing coincided with management's appearance at an investor conference where cost pressures were discussed, which appears to have caught investors off guard.
Image source: Lockheed Martin.
