Why Lockheed Martin Stock Dropped Tuesday Morning
Lockheed is cutting the price of the Patriot. Will its profit margin suffer?
Overview
Lockheed Martin (NYSE: LMT) stock initially fell more than 4% in Tuesday morning trading before paring its losses in the afternoon. As of 8 2:35 p.m. ET, Lockheed stock is still down -- but now only 0.8%.
But why did Lockheed Martin fall at all?
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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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.