Why Boeing Stock Fell 4.8% Today
Shares of Boeing (NYSE: BA) closed Wednesday's trading session down by 4.8% as the market took a dim view of the aviation giant's fourth-quarter earnings report.
Given that both General Electric (NYSE: GE) and Raytheon Technologies (NYSE: RTX), two leading aircraft engine makers, have already reported excellent numbers and guidance for their commercial aviation businesses, it's clear that Boeing's problems aren't industry-wide issues -- they're Boeing issues.
Boeing's stock is getting left behind in the aviation recovery. Image source: Getty Images.
Source Fool.com
