Boeing Co. Stock Slides 6.9%, Underperforms Peers
Dow Jones2026/09/28 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Boeing Co. slid 6.9% to $184.39 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.8% to 7,683.69 and Dow Jones Industrial Average falling 0.7% to 51,481.51.
Boeing Co. closed 27.5% below its 52-week high of $254.35, which the company achieved on January 27th.
The stock underperformed when compared to some of its peers, as RTX Corp. fell 0.9% to $187.66, TransDigm Group Inc. fell 0.6% to $1,109.22, and Textron Inc. rose 1.02% to $77.37.
Trading volume totaled 17.8 million, compared to the 50-day average of 6.1 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 28, 2026 16:33 ET (20:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
"Big short" Michael Burry: The AI bubble may burst "earlier than expected," replacing short positions with put options to increase leverage
Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.
Variational open interest has exceeded $2 billions.
Janus Henderson Macro Head Says Market Is Near Its Top but Cannot Say When
A $5.7 billion patent verdict has been issued, Burford Capital (BUR.US) may receive $1.4 billion, and its share price soared by more than 12%.
Burford Capital Ltd. surged more than 12% on Monday, marking its largest intraday increase since the end of March, after a federal jury delivered a verdict in a patent case involving Apple.