Boeing Co. stock underperforms Monday when compared to competitors

Boeing Co. stock underperforms Monday when compared to competitors

Shares of Boeing Co. BA, -0.15% sank 0.15% to $148.61 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.57% rising 0.57% to 4,155.38 and the Dow Jones Industrial Average DJIA, +0.26% rising 0.26% to 33,061.50. This was the stock’s ninth consecutive day of losses. Boeing Co. closed $109.79 short of its 52-week high ($258.40), which the company achieved on June 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Honeywell International Inc. HON, +1.74% rose 1.74% to $196.87, Lockheed Martin Corp. LMT, -0.30% fell 0.30% to $430.81, and Northrop Grumman Corp. NOC, -0.18% fell 0.18% to $438.62. Trading volume (12.3 M) eclipsed its 50-day average volume of 9.8 M.

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