Boeing had been set to stand trial, starting on June 23, for allegedly misleading federal regulators about a stability-control system in the 737 MAX that played a role in the crashes of Lion Air Flight 610 in 2018 and Ethiopian Airlines Flight 302 in 2019. In total, 346 passengers died in the plane crashes.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Boeing stock strongly outperformed the S&P 500 in 2024 driven by robust airplane orders and improving production stability. Learn more on BA stock here.

Despite its current price of approximately $205, which may seem like a reasonable valuation, we do not consider Boeing stock to be a compelling investment at this moment.

Boeing now expects worldwide demand for 43,600 additional commercial airplanes over the next 20 years, slightly lower than its earlier forecast

Boeing's shares appear overvalued at $200 amid risks, high P/E ratios, and competition. Click here to read an analysis of BA stock now.