Shares of Lockheed Martin Corp. (LMT) are slipping about 9% on Tuesday morning after the aerospace and defense company's third-quarter sales missed estimates due to supply chain issues. The company sees the problem to worsen going forward and lowered its full-year revenue outlook.
LMT is currently trading at $344.04, down $32.29 or 8.58%, on the NYSE. The stock has traded between $319.81 and $396.99 in the 52-week period.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com