Scandal Stocks: Too Soon To Buy Boeing


  • Boeing has become the first company to make my scandal stocks list twice.
  • Boeing stock continues to decline after the Alaska Airlines flight incident and temporary grounding of 737 MAX 9 planes.
  • The April quarterly earnings report looks to be brutal.

Boeing 787 Dreamliner


For some time, I’ve been keeping a list of scandal stocks–issues that decline because of a specific negative event rather than a general decline in their prospects.

The main theory is that stocks do not bottom immediately after

Company Type Prior price Date of event Bottom Date of bottom % Decline Length (days) Date of full recovery
BP (BP) Oil spill 55.78 4/20/2010 27.02 6/25/2010 52% 142 Not achieved
Chipotle (CMG) Food poisoning 640.23 10/30/2015 255.46 2/9/2018 60% 832 3/14/2019
LL Flooring (LL) Formaldehyde 68.78 3/1/2015 11.11 2/26/2016 84% 367 Not achieved
Volkswagen (OTCPK:VWAGY) Emissions cheating 167.95 9/11/2015 92.36 10/2/2015 45% 21 11/1/2017
Wells Fargo (WFC) Account fraud 50.55 9/2/2016 44.6 11/4/2016 12%

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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