MIC Stocks (Patreon)
Published:
2023-10-09 19:30:01
Imported:
2023-10
Content
Today serves as further evidence that arms manufacturers often benefit during times of conflict. Also wars drive money printing which drives markets up over time.
Lockheed Martin, represented by the ticker $LMT and being among the top defense suppliers in the US, witnessed an approximate 7% rise today.
The company's stock experienced an approximate 30% surge within three days of Russia's incursion into Ukraine.
From the beginning of 2022, with mounting global geopolitical unrest, $LMT has seen an ascent of around 25%.