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Why Shares of Lockheed Martin Are Up Today

Why Shares of Lockheed Martin Are Up Today

Shares of Lockheed Martin (NYSE: LMT) rose 4.76% on Monday, as the F-35 manufacturer gained altitude along with the broader market. Investors are feeling optimistic thanks to some promising early results on a potential coronavirus vaccine, lifting hopes that the worst of the COVID-19 pandemic will soon be behind us. As industrial stocks go, Lockheed Martin has weathered the pandemic pretty well.