Why Boeing Stock Fell in July

Why Boeing Stock Fell in July

Shares of Boeing (NYSE: BA) lost 13.8% in July, according to data provided by S&P Global Market Intelligence, with most of the damage done late in the month after the company released second-quarter earnings. Investors went into earnings season knowing not to have high hopes for Boeing, but the results highlighted what a difficult challenge the company has ahead of it. Boeing shares have lost about half of their value in 2020, weighed down by the COVID-19 pandemic.