Here’s why Boeing stock price may crash next week

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Updated on Sep 26, 2024

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Boeing walks away from the $4.2 billion deal to buy the commercial jets division of Embraer
Two proxy advising firms recommend to shareholders of Boeing to remove five key board members
Boeing stock price will most likely open lower on Monday, after dropping 16% last week
The sellers, who are still in control, are eyeing levels below $100

Shares of Boeing (NYSE:BA) plunged 16% lower this week, while this weekend headlines are set to create more troubles for the airliner. On Saturday, the company said it is walking away from a $4.2 billion Embraer deal, while two separate proxy advisers call for the sacking of five key board members.