Lockheed Martin Stock Hits Record as Iran Conflict Heightens

Defense stocks are in focus today, following news that the U.S. and Israel attacked Iran over the weekend, with missile strikes killing Supreme Leader Ayatollah Ali Khamenei. In response, Iran promised retaliation and also threatened to disrupt the Strait of Hormuz. The shares of Lockheed Martin Corp (NYSE:LMT) were last seen up 4.4% to trade at a fresh record high of $692, while also sporting a 40% year-to-date lead. The stock is on pace for its biggest single-day percentage gain in over a month, with rece ...