Boeing’s stock has experienced a significant decline of 7.90% over the past week, largely due to a tragic crash involving an Air India flight operated by a Boeing 787 Dreamliner

Even before today's incident, Boeing investors were in for a long journey. The aerospace company expanded its total debt by more than 400% during the pandemic and still faces government production restrictions on the 737 MAX that limits its cash flow and its ability to pay down that balance.

Boeing’s stock witnessed a sharp decline on June 12 following the tragic crash of an Air India Dreamliner in Ahmedabad. By the close of regular trading on the New York Stock Exchange, the company’s shares had dropped to $203.75, a fall of $10.25 or approximately 4.8%.