Why Lockheed Martin Rallied on a Bad Day for the Markets on Friday @Themotleyfool #Stocks $LMT $^GSPC
3 Articles
3 Articles
Defense actions rose this Friday after Israel launched a series of air strikes against Iran.The original report details how Lockheed Martin's (LMT) actions rose to 3%, while Northrop Grumman's (NOC) and RTX's (RTX) increased by about 2%.These companies, through contracts with the U.S. government, supply weapons to Israel.Impact on the U.S. marketThe stock market in the U.S. began the day to fall. Both S&P 500 and Nasdaq fell by about 0.7%, and t…
Missiles And Firewalls: Defense Stocks Surge As Israel-Iran Tensions Ignite - Lockheed Martin (NYSE:LMT), CrowdStrike Holdings (NASDAQ:CRWD), Check Point Software (NASDAQ:CHKP), Elbit Systems (NASDAQ:ESLT)
Investors eyeing defense and cybersecurity stocks as Middle East tensions rise. Lockheed Martin, Raytheon, and Elbit Systems see spikes. Cybersecurity firms also on high alert.
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