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LMT Stock Sees Biggest Single-Day Rally In Nearly 25 Years As Lockheed Posts Record Backlog – Retail Says Defense Sector Getting Harder To Ignore
in5points
LMT stock saw its biggest single-day rally in nearly 25 years.
Lockheed Martin posted a record backlog of $230 billion in Q2.
Major contract wins were highlighted to support long-term growth.
Retail investors say the defense sector is getting harder to ignore.
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About how the story is framed, not whether the facts are true.
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Rajeev Chandrasekhar / Jupiter Capital interests historically