Boeing Co. stock rises Monday, still underperforms market

Boeing Co. stock rises Monday, still underperforms market

Shares of Boeing Co. BA, +2.21% rallied 2.21% to $136.09 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +2.65% rising 2.65% to 3,677.95 and the Dow Jones Industrial Average DJIA, +1.86% rising 1.86% to 30,185.82. This was the stock’s third consecutive day of gains. Boeing Co. closed $97.85 below its 52-week high ($233.94), which the company reached on November 15th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Honeywell International Inc. HON, +1.65% rose 1.65% to $177.04, Lockheed Martin Corp. LMT, +2.03% rose 2.03% to $397.31, and Northrop Grumman Corp. NOC, +2.35% rose 2.35% to $475.09. Trading volume (9.0 M) eclipsed its 50-day average volume of 6.4 M.

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