Lockheed Martin Trading Volume Plummets 47.83% to 153rd Position Amid Strike Resolution
On June 2, 2025, Lockheed MartinLMT-- (LMT) experienced a significant drop in trading volume, with a total of $551 million in shares traded, marking a 47.83% decrease from the previous day. This decline placed LMTLMT-- at the 153rd position in terms of trading volume for the day. The stock price of Lockheed Martin also decreased by 0.74%.
Lockheed Martin Space workers have ended their strike after approving a new contract that includes a 25% wage increase. The union praised the agreement, highlighting it as a victory in securing a fair share of the company's profits. This resolution is expected to positively impact the company's operations and employee morale, potentially stabilizing the stock price in the near term.
The F-22 Raptor stealth fighter, one of Lockheed Martin's flagship products, is noted for its high cost, with each unit estimated to cost around $400 billion. This high cost, while indicative of the advanced technology and capabilities of the aircraft, could also be a point of concern for investors, as it may impact the company's financial performance and stock valuation.
A month-long strike involving approximately 900 Lockheed Martin employees in Orlando and Denver has concluded following the ratification of a new labor agreement. The employees, represented by the United Auto Workers (UAW), had walked off the job due to concerns related to wages and working conditions. The resolution of this labor dispute is expected to have a positive impact on the company's operations and stock price, as it eliminates the uncertainty and potential disruptions caused by the strike.
Hunt down the stocks with explosive trading volume.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments
No comments yet