- Boeing stock’s ugly crash has caused the Dow Jones Industrial Average (DJIA) to underperform its peers.
- Boeing’s weighting has plummeted to 9th in the 90 – member index, and its free-fall shows no signs of letting up.
) But the aerospace stock’s stranglehold on the DJIA is fading.
Boeing bulls may cast the Dow Jones stock as a “ value investor’s dream,” but for shareholders, the past year has been nothing short of a nightmare.
Down roughly % since the start of January, the US aerospace giant’s stock price is on the brink of crashing below $ for the first time since 2019.
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