Lockheed Martin (LMT) Stock Falls 5% on Trump Defense Policy Changes

TLDR Lockheed Martin stock dropped 4.82% Wednesday after Trump threatened to ban defense contractor dividends and stock buybacks Trump posted on Truth Social that defense companies must prioritize production over shareholder returns LMT shares rebounded 7% in after-hours trading following announcement of $1.5 trillion defense budget proposal The proposed 2027 budget represents a 50% increase [...]

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