financetom
Business
financetom
/
Business
/
Why Terran Orbital (LLAP) Shares Are Falling
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Why Terran Orbital (LLAP) Shares Are Falling
May 3, 2024 8:31 AM

Terran Orbital Corp ( LLAP ) shares are trading lower by 15.8% to $1.09 during Friday’s session after

Lockheed Martin Corp ( LMT ) withdrew its buyout proposal.

Terran Orbital ( LLAP ) meanwhile says Lockheed Martin’s partnership is highly valued, and there’s anticipation for ongoing collaboration as per the Strategic Cooperation Agreement until 2035. The company says their focus remains on surpassing customer expectations and providing advanced satellite solutions.

See Also: Job Market Cools In April: Payrolls Miss Forecasts, Wages Rise Less Than Expected

Should I Sell My LLAP Stock?

When deciding to hold on to or sell a stock, investors should consider their time horizon, unrealized gains and total return.

Shares of Terran Orbital ( LLAP ) have decreased by 36.48% in the past year. An investor who bought shares of Terran Orbital ( LLAP ) at the beginning of the year would take a loss of $0.18 per share if they sold it today. The stock has fallen 20.01% over the past month, meaning an investor who bought shares on Apr. 1 would see a capital loss of $0.11.

Terran Orbital ( LLAP ) shares have an all-time high of $11.8, representing 992.69% upside from current levels.

Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Terran Orbital ( LLAP ) stock currently has an RSI of 41.84, indicating neutral conditions.

For access to advanced charting and analysis tools and stock data, check out Benzinga PRO. Try it for free.

LLAP has a 52-week high of $1.95 and a 52-week low of $0.62.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Copyright 2023-2025 - www.financetom.com All Rights Reserved