Trump Tweet Sends Lockheed Shares Down, Boeing Shares Rising

By Wallace WitkowskiMarketsMarketWatch Pulse

Shares of Lockheed Martin Corp. declined in the extended session Thursday while shares of Boeing Co. advanced following a tweet by President-elect Donald Trump about cost overruns for Lockheed's F-35 fighter. Lockheed shares fell 1.9% to $248 after hours, while Boeing shares rose 0.7% to $158.58. Late Thursday, Trump posted on his Twitter account that he had asked Boeing to price out a comparable F-18 Super Hornet fighter because of rising costs in the F-35 program.

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