Boeing Co. Stock Falls Tuesday, Underperforms Market
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Shares of Boeing Co. (BA) slipped 1.61% to $202.60 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.12% to 4,145.58 and Dow Jones Industrial Average falling 0.69% to 33,055.51.
Boeing Co. closed $18.73 short of its 52-week high ($221.33), which the company reached on February 14th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Raytheon Technologies Corp. (RTX) fell 1.65% to $94.08.
Trading volume (4.0 M) remained 1.5 million below its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2023.
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May 23, 2023 16:39 ET (20:39 GMT)
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