Why Lockheed Martin Stock Dropped Today
Peace isn't as bad news for Lockheed Martin stock as you might think.
Why Lockheed Martin Stock Dropped Today
Overview
Lockheed Martin (NYSE: LMT) stock fell 4.2% through 11:30 a.m. ET Thursday -- and it's no mystery why.
President Trump announced yesterday that the U.S. and Iran have signed an "interim agreement" to end their conflict. While it may be hard to answer the age-old question "war, huh, what is it good for?," investors today seem to think ending the Iran war will be bad news for Lockheed Martin stock.
Image source: Lockheed Martin.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
