Why Boeing Stock Is Falling Today
Regulators are ready to allow 's (NYSE: BA) troubled 737 MAX 9 aircraft to fly again, but the decision came at a steep cost to the aerospace giant's growth plans. Shares of Boeing traded down about 5% as of 10:30 ET Thursday as investors try to figure out where Boeing goes from here.
Boeing has been a tough stock for investors to love in recent years. The company's problems began in late 2018 with a pair of fatal 737 MAX crashes that led to an 18-month safety-related grounding of the jet. The MAX is flying again but continues to be plagued by problems.
Earlier this month, about 200 737 MAX 9 planes were grounded after a door plug separated midflight, causing a plane to depressurize.
Source Fool.com
Boeing Co. Stock
€156.32
0.010%
Currently there is a rather positive sentiment for Boeing Co. with 30 Buy predictions and 5 Sell predictions.
With a target price of 233 € there is a positive potential of 49.05% for Boeing Co. compared to the current price of 156.32 €.
