Thread regarding Lockheed Martin Corp. layoffs

LMT STOCK

Stock has had quit a run over the last few years, but the last few months its been given a pretty good beating. Is it Wall Street, or the current state of the company.....thoughts?

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Post ID: @OP+1hNoAAqx

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A lot of stocks are taking hits right now. It’s how things go.

Stock was overpriced to be honest.

The downside of this is that the executives do not have long-term thinking as one of their critical skill sets, so expect a bunch of “this is the new normal” emails and various budget/personnel cuts if it goes on for an extended length of time.

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Post ID: @2glh+1hNoAAqx

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