Lockheed Martin, Quest Diagnostics, Thermo Fisher Scientific And Other Big Stocks Moving Higher On Thursd

U.S. stocks were lower, with the Dow Jones index dipping around 450 points on Thursday.

Shares of Lockheed Martin Corp (NYSE:LMT) rose sharply after the company reported better-than-expected second-quarter financial results and raised its FY26 guidance above estimates.

Lockheed Martin reported quarterly earnings of $7.94 per share which beat the analyst consensus estimate of $7.09 per share.

The company reported quarterly sales of $20.063 billion which beat the analyst consensus estimate of $19.344 billion.

Lockheed Martin shares jumped 11.4% to $573.21 on Thursday.