Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Should You Buy Boeing Stock While It's on Sale?

TheMotleyFool

0 0

Should You Buy Boeing Stock While It's on Sale?

Boeing (NYSE: BA) has taken shareholders on a wild ride over the past few months. Boeing stock crashed from nearly $300 in early March to a low of $89 on March 18 before rebounding to over $180 barely a week later. Shares of the aerospace giant then settled in a trading range of roughly $120 to $150 for the next two months before ripping higher in June.

Boeing stock finished the month of May at $145.85 but surged to $230.50 by the end of trading last Monday: good for a 58% gain in just six trading days. But the stock pulled back violently over the following three days, plunging 26% -- including a 16% drop on Thursday.