Northrop Grumman, General Dynamics, Lockheed Martin And Other Big Stocks Moving Higher On Monday

Author: Lisa Levin | October 09, 2023 10:53am

U.S. stocks traded lower, with the Dow Jones falling around 50 points on Monday. Here are some big stocks recording gains in today’s session.

National Western Life Group, Inc. (NASDAQ:NWLI) shares jumped 13.8% to $474.69 after the company inked a definitive merger deal with Prosperity Life Group for about $1.9 billion in an all-cash transaction.

Northrop Grumman Corporation (NYSE:NOC) surged 10.7% to $468.58 as defense stocks gained amid the Israel-Hamas conflict.

WW International, Inc. (NASDAQ:WW) climbed 9.9% to $11.47.

General Dynamics Corporation (NYSE:GD) climbed 8.1% to $237.64 as defense stocks gained amid ongoing Israel-Hamas warfare.

Lockheed Martin Corporation (NYSE:LMT) gained 7.8% to $432.03 amid conflict in the Middle East.

L3Harris Technologies, Inc. (NYSE:LHX) climbed 7.6% to $176.37 amid the Israel-Hamas conflict.

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) gained 7.1% to $16.21.

Huntington Ingalls Industries, Inc. (NYSE:HII) climbed 6.9% to $216.55.

Callon Petroleum Company (NYSE:CPE) rose 6.8% to $35.94 as the Israel-Hamas conflict caused oil supply uncertainty.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) gained 6.7% to $13.15 after Citigroup upgraded the stock from Neutral to Buy and raised its price target from $15 to $18.

Canadian Natural Resources Limited (NYSE:CNQ) rose 6.4% to $65.32 as the Israel-Hamas conflict caused oil supply uncertainty.

Mercury Systems, Inc. (NASDAQ:MRCY) gained 5.5% to $38.32.

Halliburton Company (NYSE:HAL) jumped 5.1% to $40.66. Halliburton Company and Core Laboratories Inc. (NYSE:CLB) announced a strategic alliance aimed at expediting the delivery of comprehensive digital rock data solutions in the U.S.

Now Read This: Ethereum Falls Below $1,600 Amid Israel-Hamas War; Conflux, Bitcoin SV Among Top Losers

Posted In: CLB CNQ CPE GD HAL HII KTOS LHX LMT MRCY NOC NWLI PTEN WW