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Lockheed Martin Stock Price Is Not Hurt by Declining Jet Sales
The Lockheed Martin stock price remained unmoved in morning trading on the release of Lockheed Martin earnings.
A big contributor to the Lockheed Martin earnings miss on revenue came from a 7.4% decline in its aeronautics segment. If investors are ever hesitant to buy Lockheed Martin stock, it would come from negative developments on this front.
The Lockheed Martin stock price remained unmoved in morning trading on the release of Lockheed Martin earnings.
A big contributor to the Lockheed Martin earnings miss on revenue came from a 7.4% decline in its aeronautics segment. If investors are ever hesitant to buy Lockheed Martin stock, it would come from negative developments on this front.