Boeing Stock Analysis: Impact of Air India Crash and Future Projections – News and Statistics
Jun 16, 2025
Boeing‘s recent stock performance has drawn significant attention after the company’s aircraft was involved in an Air India plane crash last Thursday. As reported by Yahoo Finance, Boeing shares fell 4.8% on Thursday and another 1.7% on Friday, closing the week at approximately $200. Despite this downturn, the stock remains about 13% higher since the beginning of the year, buoyed by optimism surrounding potential long-term trade deals with China.
Boeing’s stock chart reveals a breakdown from a rising wedge pattern during Thursday’s trading session, hinting at a possible deeper retracement. The sell-off occurred on the highest volume since last October, with the relative strength index…