Boeing Co. Stock Falls Wednesday, Underperforms Market
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Shares of Boeing Co. (BA) slipped 4.17% to $196.16 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,936.97 and Dow Jones Industrial Average falling 1.63% to 32,030.11. This was the stock's second consecutive day of losses. Boeing Co. closed $25.17 short of its 52-week high ($221.33), which the company achieved on February 14th.
The stock underperformed when compared to some of its competitors Wednesday, as Raytheon Technologies Corp. (RTX) fell 1.34% to $96.70. Trading volume (7.3 M) eclipsed its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 2023.
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March 22, 2023 16:40 ET (20:40 GMT)
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