Boeing Co. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Boeing Co. (BA) shed 4.38% to $198.21 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.70% to 3,891.93 and Dow Jones Industrial Average falling 0.87% to 31,874.57. The stock's fall snapped a three-day winning streak. Boeing Co. closed $23.12 below its 52-week high ($221.33), which the company reached on February 14th.
The stock underperformed when compared to some of its competitors Wednesday, as Raytheon Technologies Corp. (RTX) fell 2.53% to $95.83. Trading volume (10.8 M) eclipsed its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2023.
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March 15, 2023 16:40 ET (20:40 GMT)
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