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3 Stocks that Rocketed with Apollo 11
Director of Market Data & Content Services
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AP Buzz Aldrin stands on moon surface with US flag during Apollo 11 mission. |
A number of aerospace and technology companies helped build the various components that went into Apollo 11. Boeing [BA
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], IBM [IBM
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], Grumman, North American Aviation and Douglas Aircraft were amongst the principals behind the Saturn V rocket, the Command Module, and the Lunar Lander. North American Aviation and Douglas Aircraft have singe been merged into Boeing while Grumman in now part of Northrop Grumman [NOC
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].
Since the landing, these companies' stocks have soared with Boeing leading the pack, up over 3300% since that day in history (an annual avg gain of ~9%).
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Source: CNBC.com |
More info on Apollo 11:
- Crew: N. Armstrong, M. Collins, E. Aldrin
- Launch date: July 16, 1969
- Splashdown: July 24, 1969
- Time spent on moon: 21 hours, 31 minutes
- Samples brought back to Earth: ~45 lbs
Watch video of the landing at www.nasa.gov.
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