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Why Lockheed Martin Stock Just Crashed by 12%

TheMotleyFool

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Why Lockheed Martin Stock Just Crashed by 12%Photo, wide shot, wide-angle lens, Diversified industrial company, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/3bc2ecaa-ddda-4d9f-865e-4df253bbd22f.png

Shares of defense industry giant Lockheed Martin (NYSE: LMT) tanked Tuesday morning, trading down by 12.1% as of 12:32 p.m. EDT even though the company reported a sizable earnings beat.

It wasn't the bottom line that investors cared about, you see. It was the revenues.

Image source: Getty Images.

Source Fool.com

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