NEW YORK – Shares of defense contracting giant Northrop Grumman Corp (NYSE: NOC) experienced a dramatic sell-off during Tuesday’s trading session, closing significantly lower before clawing back some ground in after-hours activity.
Northrop Grumman stock finished the official trading day at
67.25, representing a substantial -12.66% drop for the day. This close was significantly below the previous day’s finish of $531.33.
The selling pressure was evident throughout the session. After opening at $484.75, the stock reached an intraday high of
450.13**. The chart shows a sharp downward trend early in the day, followed by a period of stabilization and a modest climb towards the closing bell.
Despite the heavy losses during regular trading hours, investors showed some renewed interest after the market closed. In after-hours trading, NOC shares ticked up +
467.26 USD, indicating a slight recovery from the session’s close.
Based on the closing price, Northrop Grumman’s market capitalization stands at approximately $66.9 Billion USD (noted as 6.69KCr in the source image). Other key financial metrics include a P/E ratio of 16.38 and a dividend yield of 1.78%.
Even with Tuesday’s significant drop, the closing price remains above the company’s 52-week low of $418.60, though considerably off its 52-week high of $555.57. Market participants continue to watch the aerospace and defense sector closely.
