Boeing Closes Down 18.15%, Sees Largest Percent Drop in Over 45 Years -- Data Talk Update

Boeing Company (BA) closed at $189.08, down $41.93 or 18.15%

-- Lowest close since June 7, 2017, when it closed at $188.10

-- Largest percent decrease since Dec. 31, 1974, when it fell 64.8%

-- Barron's reported that Boeing Co. said it would take steps to preserve cash, and a person familiar with the company's plans said it would soon draw down the remainder of a $13.8 billion loan, as the coronavirus pandemic and delays in the recertification of its 737 MAX aircraft exact a mounting toll on the aerospace giant

-- Down three of the past five days

-- Down 31.27% month-to-date

-- Down 41.96% year-to-date

-- Down 57.09% from its all-time closing high of $440.62 on March 1, 2019

-- Down 49.86% from 52 weeks ago (March 13, 2019), when it closed at $377.14

-- Down 52.24% from its 52 week closing high of $395.86 on April 4, 2019

-- New 52 week closing low

-- Traded as low as $187.00; lowest intraday level since June 7, 2017, when it hit $186.39

-- Down 19.05% at today's intraday low; largest intraday percent decrease since Dec. 2, 1998, when it fell as much as 19.5%

-- Today's preliminary volume is 28.3 million shares; highest since March 13, 2019, when 32.7 million shares were traded

-- Worst performer in the DJIA today

-- Fourth worst performer in the S&P 500 today