Why These 5 Stocks Are Moving on Monday

4. Lockheed Martin Corporation (NYSE:LMT) has risen 4.84% following the planning approval of Shetland Spaceport. The UK government has funded Lockheed Martin Corporation (NYSE:LMT) to organize launches in Britain. The company is building a ‘shepherding vehicle’ to transport satellites to various locations in orbit. The rise in stock price is also driven by Ukraine’s invasion. Analysts at Jefferies stated that defense stocks are on “top of mind for all European investors.” Out of the 924 hedge funds in Insider Monkey’s database, 42 reported owning shares in Lockheed Martin Corporation (NYSE:LMT) at the end of Q4 2021.