Lockheed Martin's (NYSE:LMT) short percent of float has risen 23.23% since its last report. The company recently reported that it has 2.75 million shares sold short, which is 1.22% of all regular shares that are available for trading.
Defense contractor L3Harris Technologies, Inc (NYSE:LHX) agreed to acquire satellite specialist ViaSat, Inc’s (NASDAQ:VSAT) Tactical Data Links (TDL) product line for approximately $1.96 billion.…
Someone with a lot of money to spend has taken a bearish stance on Lockheed Martin (NYSE:LMT).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Pre-open movers
U.S. stock futures traded lower in early pre-market trade on Friday after recording losses on Thursday. The Dow Jones closed lower by more than 100 points, while the Nasdaq Composite fell around 150 points in the previous session after the US Federal Reserve, on Wednesday, raised its policy rate by 75 basis points for the third time.
Raytheon Technologies Corp. (NYSE: RTX) has won an almost $1-billion contract to design, develop, and produce a new hypersonic weapon for the U.S. Air Force, beating rivals Lockheed Martin Corp.
Cathie Wood’s Ark Investment Management on Friday hiked its stake in Velo3D Inc (NYSE: VLD), a 3D-printing technology firm that counts Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's SpaceX