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With a YTD loss of around 40%, Boeing (BA) is the second worst-performing Dow Jones Industrial Average ($DOWI) constituent. Only Intel (INTC) has fared worse than BA this year, as the chip giant fights for relevance at a time when other semiconductor stocks have been soaring to astronomical highs.
Boeing’s troubles have only been compounding over the last few months, and unsurprisingly, the stock has been falling to new lows. While BA has recovered slightly from its 52-week lows, that's little comfort to investors, as the stock has lost over half of its market cap over the last five years.