A leading global airline manufacturer based in the US, The Boeing Company is listed on the New York Stock Exchange (NYSE). Due to its prominence in the aerospace industry, Boeing's stocks remain popular among traders, both in the US and internationally.
Discover the history of The Boeing Company, what affects the price of the stock and how to trade it with Tradu.
Understand this large-cap stock and how you can use it to support your trading strategy.
Boeing stocks (BA) refer to the stock available for public trading from The Boeing Company. Developing and manufacturing products and systems across the aeroplane, defence and space industries, The Boeing Company is a leading aerospace organisation with its headquarters in Virginia.
Founded in 1916, Boeing was originally established as an aeroplane company but now operates under four divisions: Boeing Commercial Airplanes, Boeing Defense, Space and Security, Boeing Global Services and Boeing Capital. The company began trading Boeing stocks on the New York Stock Exchange in January 1962, making its shares available to the public and paying quarterly dividends. The company has split its stock 15 times over the course of its existence, the last time occurring in 1997.
BA stocks are also represented in the Dow Jones Industrial Average index.
The Boeing stock price remained fairly even before climbing in value from the early 1990s. It reached its highest price at the beginning of 2019 before dropping again after a second 737 crash in the space of six months. The fleet was subsequently grounded worldwide until the later months of 2020.
Boeing shares also suffered another dramatic fall on the back of the Covid pandemic and have since failed to recover to their previous high. The company has not declared dividends within the past two years but Boeing shares are set to increase in value in the next few years. This is mainly due to the company's turnaround plan and increasingly positive investor sentiment. This could make it a potentially lucrative option for those looking to invest in Boeing stock. The price of Boeing stocks as of August 2023 stood between 222.23 USD and 238.71 USD.
The price of Boeing stock is influenced by a variety of factors and it can fluctuate wildly according to supply and demand, as seen in 2020 during the Covid-19 pandemic when the company was forced to cut 10% of its staff.
Some major factors that contribute to the supply, demand and volatility of Boeing's shares include:
Boeing stock trading can be done via two main methods with Tradu, both of which allow you to speculate on the value. These are financial derivatives, which mean that you can trade without owning the underlying asset.
These are executed using leverage, meaning you can increase your market exposure with a smaller deposit. Be aware, however, that using leverage can also magnify any losses.
Another option is to invest in Boeing stock by simply buying shares directly. This can be an option if you're looking for a way to capitalise on company stocks over a longer period, often with less volatility. You can invest in BA stock through your Tradu account simply by adding funds and choosing how much you'd like to invest.
However, you cannot use leverage when trading stocks directly and, unlike with financial derivatives, you will own the underlying asset. This means that there are potentially fewer opportunities to profit, especially in bear markets.
When it comes to knowing how to invest in Boeing stock, we have you covered with our simple process.