These Dow Stocks Down More than the Market: Boeing, United Technologies, Exxon Mobil
The Dow Jones Industrial Average (NYSEARCA:DIA) is down today by 0.36% and stands at 12,629. The large stocks below are among the most negative performers today.
Boeing (NYSE:BA) just signed a huge deal with Norwegian Air. Q4 results came in, and EPS came in at $1.32, which is 31 cents above of the consensus. Yet the stock is down. Why? The company acknowledged that its pension obligations were so large, 2012 earnings would be affected as a result. BA shares recently traded at $73.59, down $1.77, or 2.35%. They have traded in a 52-week range of $56.01 to $80.65. Volume today was 6,805,530 shares versus a 3-month average volume of 5,531,620 shares. The company’s trailing P/E is 14.56, while trailing earnings are $5.05 per share.
United Technologies Corporation (NYSE:UTX) Q4 results are in, and the results are slightly below expectations. EPS came in over by a cent, and revenues of $15 billion were a 100 million short. UTX shares recently traded at $78.09, up $0.31, or 0.4%. They have traded in a 52-week range of $66.87 to $91.83. Volume today was 2,617,356 shares versus a 3-month average volume of 4,429,480 shares. The company’s trailing P/E is 14.65, while trailing earnings are $5.33 per share.
Exxon Mobil (NYSE:XOM) is down with other oil companies, as Chesapeake’s (NYSE:CHK) decision to cut back on its gas drilling program has filtered through the entire energy sector. Apple now has a larger market capitalization than Exxon Mobil. XOM shares recently traded at $86.32, down $0.86, or 0.99%. They have traded in a 52-week range of $67.03 to $88.23. Volume today was 4,087,390 shares versus a 3-month average volume of 19,380,000 shares. The company’s trailing P/E is 10.42, while trailing earnings are $8.28 per share.
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