Boeing’s Year of Crisis Leaves Investors Wary of Beaten-Up Stock
- 35% drop in 2024 puts it among 20 biggest decliners in S&P 500
- Specter of trade friction, questions around production remain
Boeing 737 Max fuselages on railcars in Seattle, Washington.
Photographer: David Ryder/BloombergThis article is for subscribers only.
What was supposed to be a comeback year for Boeing Co. has turned into its worst stock-market plunge since 2008, and if Wall Street is right, the plane-maker’s shares may have only a modest recovery in store in 2025.
The stock is down 35% this year, placing it among the 20 biggest decliners in the S&P 500 Index. The shares have stabilized over the past month, but investors remain wary. They point to the string of crises in 2024 that shook their confidence in Boeing’s prospects and the risk that it will suffer should trade friction build anew under President-elect Donald Trump.