During this period, the price has made a Lower Top Lower Bottom pattern. Volumes were quite low in this downfall. The stock gave an upward move to retest its previous high of 272 before witnessing some selloff to make a low of 207 in Sept 2022.
Boeing cuts delivery target, shares hit 18-month low as recovery takes longer
Boeing has announced a cut in its 737 Max delivery target for this year, which raises concerns. The company now aims to increase 737 production