Advertisement
UK markets close in 3 hours 45 minutes
  • FTSE 100

    8,388.59
    -35.61 (-0.42%)
     
  • FTSE 250

    20,803.08
    -70.25 (-0.34%)
     
  • AIM

    808.96
    -0.98 (-0.12%)
     
  • GBP/EUR

    1.1704
    +0.0006 (+0.05%)
     
  • GBP/USD

    1.2720
    +0.0014 (+0.11%)
     
  • Bitcoin GBP

    56,035.26
    +3,278.86 (+6.22%)
     
  • CMC Crypto 200

    1,537.37
    +48.83 (+3.28%)
     
  • S&P 500

    5,308.13
    +4.86 (+0.09%)
     
  • DOW

    39,806.77
    -196.82 (-0.49%)
     
  • CRUDE OIL

    78.45
    -1.35 (-1.69%)
     
  • GOLD FUTURES

    2,424.00
    -14.50 (-0.59%)
     
  • NIKKEI 225

    38,946.93
    -122.75 (-0.31%)
     
  • HANG SENG

    19,220.62
    -415.60 (-2.12%)
     
  • DAX

    18,679.66
    -89.30 (-0.48%)
     
  • CAC 40

    8,111.55
    -84.41 (-1.03%)
     

Lockheed Decision Sends This Satellite Stock Tumbling 20%

Lockheed Decision Sends This Satellite Stock Tumbling 20%

Lockheed Martin said it won’t buy a satellite start-up, sending shares of the latter sharply lower. The defense company said in a regulatory filing on Thursday that it withdrew its $1 per share bid for the stock in satellite solutions provider Terran Orbital that it doesn’t already own. Terran stock was down 20.% in Friday’s premarket trading at $1.03 a share, while and futures were up 0.3% and 0.6%, respectively.