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Why Lockheed Martin Underperformed in 2021

TheMotleyFool

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Why Lockheed Martin Underperformed in 2021Photo, wide shot, wide-angle lens, Heavy machinery, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.midjourneyapi.xyz/temp/c15253b0-7330-4605-a666-66954eaf6715.png

In a year when the S&P 500 soared higher, Lockheed Martin (NYSE: LMT) was stuck in a holding pattern. The aerospace giant's shares were flat in 2021, according to data provided by S&P Global Market Intelligence, losing to the index by more than 26 percentage points.