"Boeing Stock Plummets as FAA Probe Unearths New Issues"

Boeing's stock has entered bear-market territory as it continues to plummet amidst a Wells Fargo downgrade and a Federal Aviation Administration (FAA) investigation, which is expected to increase the risk of production and delivery disruptions. The stock has plunged 24.1% from its recent high, and Wells Fargo downgraded it to equal weight with a lowered price target. The FAA's probe and concerns about safety are contributing to a slower resolution, with the stock having tumbled 23.1% in January, on track for the biggest monthly decline since September 2022.