Boeing Co. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Boeing Co. (BA) slid 1.64% to $199.27 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.73% to 4,115.24 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
This was the stock's second consecutive day of losses.
Boeing Co. closed $22.06 short of 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 0.45% to $93.66.
Trading volume (4.3 M) remained 1.1 million below its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 16:39 ET (20:39 GMT)
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