Shares of Boeing Co. BA shed 2.08% to $167.02 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.11% to 5,842.91 and the Dow Jones Industrial Average DJIA rising 0.
While other aerospace stocks have done well, with GE stock rising 65% and Airbus ADR up 5%, Boeing has itself to blame for the headwinds it faced last year.
The S&P 500 edged higher while the Nasdaq dipped after a volatile session on Tuesday as investors gauged inflation data and braced for quarterly earnings reports to justify stock valuations and the strength of the US economy.
Overall Boeing delivered 30 planes during the final month of the year, for a total of 348 deliveries in 2024, down from 528 the prior year. In addition to the strike, Boeing struggled in 2024 with ...
Boeing Co. closed $47.02 short of its 52-week high ($217.59), which the company achieved on January 24th.