Boeing (NYSE: BA) took investors on a wild ride in 2020, with the stock losing 75% of its value early in the year but rallying partway back in the final months. As of the close of trading Wednesday, it was still down by about 32% for the year.
The aerospace giant’s commercial aircraft arm suffered from a one-two punch. First came the grounding of its 737 MAX, and then the pandemic, which crushed demand for air travel, starved airlines of revenue, and caused carriers across the industry to scale back their growth plans.
Both of those issues appear to be resolving, though, and some investors are getting excited about the company again. Here’s what to expect from Boeing heading into 2021.