Reported 4 days ago
As 2024 wraps up, five major companies on the Dow Jones Industrial Average faced significant declines. Boeing led the downturn with a staggering 32.1% drop, attributed to a tragic plane crash and prior regulatory issues. Nike's stock fell 30.3% due to weakened consumer spending in China, while Amgen and Merck dropped 9.5% and 8.75% respectively, impacted by patent expirations and revenue challenges. Johnson & Johnson rounded out the list with a 7.73% decline amid ongoing litigation and restructuring efforts.
Source: YAHOO