Lockheed Martin Stock Drops 2.32% in Fourth Consecutive Day of Losses, Trading Volume Ranks 85th
Market BriefWednesday, May 14, 2025 7:55 pm ET

On May 14, 2025,
(LMT) experienced a 2.32% decline, marking its fourth consecutive day of losses, with a total decrease of 5.34% over the past four days. The company's trading volume reached $962 million, placing it 85th in the day's stock market rankings.Lockheed Martin's stock price dropped midday as its Chief Financial Officer (CFO) presented at an industry conference. The CFO indicated potential delays in cash inflows related to the F-35 fighter jet program, which could shift into the third quarter. This development raised concerns about the company's ability to meet its financial targets for the current quarter.
Additionally, the CFO mentioned that the company expects to secure a finalized contract for its F-35 fighter jets sooner than previously anticipated. This news, however, did not seem to alleviate investor concerns, as the stock continued to decline.
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
Comments
No comments yet