Boeing Co. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Boeing Co. (BA) rallied 1.85% to $204.77 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. Boeing Co. closed $16.56 below its 52-week high ($221.33), which the company achieved on February 14th.
The stock underperformed when compared to some of its competitors Monday, as Raytheon Technologies Corp. (RTX) rose 1.86% to $97.53. Trading volume (4.8 M) remained 1.7 million below its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 16:39 ET (20:39 GMT)
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