Why Boeing Stock Was Down Today
Boeing (NYSE: BA) has discovered a new issue with its 737 MAX jet that could threaten the company's delivery targets. Investors are disappointed to see yet another setback, sending Boeing shares down 4.9% on Thursday.
A Boeing 737 MAX. Image source: Boeing.
The 737 MAX was once expected to be among the best-selling jet designs of all time, but the program has been plagued with issues. A pair of fatal crashes led to a 20-month grounding of the jet between 2018 and 2019, and Boeing is only now starting to ramp up production after those delays and pandemic-related uncertainty.
Source Fool.com
Boeing Co. Stock
€206.60
0.460%
With 40 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 slightly positive potential of 11.33% for Boeing Co. compared to the current price of 206.6 €.
