Why Boeing Stock Lost 7% Today
One day after Boeing (NYSE: BA) stock bounced higher on news of a big 737 plane sale to the parent company of British Airways and Iberia (the International Consolidated Airlines Group), shares of the airplane-building juggernaut are falling 7.2% as of 1:10 p.m. ET.
The reason: Boeing may be encountering turbulence at higher altitudes.
Boeing's Starliner crew capsule after its first, unsuccessful test flight in 2019. Image source: Boeing.
Source Fool.com
