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Why Boeing Stock Dropped Monday

TheMotleyFool 
0 0 13.12.21
Why Boeing Stock Dropped MondayPhoto, wide shot, wide-angle lens, Diversified industrial company, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/3bc2ecaa-ddda-4d9f-865e-4df253bbd22f.png
 

Shares of defense and aerospace giant Boeing (NYSE: BA) closed 3.7% lower on Monday, a day that saw shares of the commercial plane-builder's customers such as airlines American and United fall as much as 6%.

Covid was the reason. Lately, it seems Covid is almost always the reason.

Image source: Getty Images.

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Source Fool.com

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