Raytheon, the company that makes the Tomahawk missiles used in the air strikes on Syria by the United States, is rising in early stock trading Friday. Nearly five dozen Tomahawk cruise missiles were launched at military bases in Syria from U.S. warships in the Mediterranean Sea late Thursday. Raytheon (RTN) wasn't the only defense stock rising Friday either. Lockheed Martin (LMT), which partners with Raytheon on the Javelin missile launcher system and also makes Hellfire missiles, gained nearly 1%. And shares of Boeing (BA) are up 14%, making it the second-best stock in the Dow, trailing only Apple (AAPL, Tech30).
Source: CNN April 07, 2017 15:00 UTC