On Monday, Cathie Wood-led Ark Invest made significant trades involving Lockheed Martin Corp (NYSE:LMT), Reddit Inc (NYSE:RDDT), and Iridium Communications Inc (NASDAQ:IRDM).
The Lockheed Martin Corp Trade
Ark Invest’s decision to sell 15,995 shares of Lockheed Martin Corp (NYSE:LMT) through ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) comes during a period of mixed financial results for the aerospace giant. Recently, Lockheed Martin reported a slight decline in net sales for the fourth quarter of 2024, missing consensus estimates. However, the company surpassed earnings expectations with an adjusted EPS of $7.67. Despite challenges, analysts remain optimistic about the company’s future, especially …
Full story available on Benzinga.com
On Monday, Cathie Wood-led Ark Invest made significant trades involving Lockheed Martin Corp (NYSE:LMT), Reddit Inc (NYSE:RDDT), and Iridium Communications Inc (NASDAQ:IRDM).
The Lockheed Martin Corp Trade
Ark Invest’s decision to sell 15,995 shares of Lockheed Martin Corp (NYSE:LMT) through ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) comes during a period of mixed financial results for the aerospace giant. Recently, Lockheed Martin reported a slight decline in net sales for the fourth quarter of 2024, missing consensus estimates. However, the company surpassed earnings expectations with an adjusted EPS of $7.67. Despite challenges, analysts remain optimistic about the company’s future, especially …
Full story available on Benzinga.com
On Monday, Cathie Wood-led Ark Invest made significant trades involving Lockheed Martin Corp (NYSE:LMT), Reddit Inc (NYSE:RDDT), and Iridium Communications Inc (NASDAQ:IRDM).
The Lockheed Martin Corp Trade
Ark Invest’s decision to sell 15,995 shares of Lockheed Martin Corp (NYSE:LMT) through ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) comes during a period of mixed financial results for the aerospace giant. Recently, Lockheed Martin reported a slight decline in net sales for the fourth quarter of 2024, missing consensus estimates. However, the company surpassed earnings expectations with an adjusted EPS of $7.67. Despite challenges, analysts remain optimistic about the company’s future, especially …Full story available on Benzinga.com Read MoreARK Invest, ARK Invest ETFs, ARKF, ARKQ, ARKX, Cathie Wood, Equities, IRDM, Iridium, Iridium Communications, LMT, Lockheed Martin, News, RDDT, Reddit, Shivdeep Dhaliwal, Markets, ETFs, LMT, US5398301094, IRDM, US46269C1027, ARKQ, ARKF, ARKX, RDDT, News, Equities, Markets, ETFs, Benzinga Markets
