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
€186.28
-2.770%
With 37 Buy predictions and 2 Sell predictions Boeing Co. is one of the favorites of our community.
With a target price of 230 € there is a positive potential of 23.47% for Boeing Co. compared to the current price of 186.28 €.
