Boeing 787 Deliveries Are Delayed Again. There’s More Behind the Stock’s Slide.
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Boeing is running into more delays correcting problems that have halted deliveries of its popular twin-aisle 787 jet, The Wall Street Journal reported Friday. The stock has fallen, but there is more going on than a response to that negative news.
Boeing (ticker: BA) shares were down more than 4% in Friday trading, while the S&P 500 rose 0.1%. The Dow Jones Industrial Average fell 0.5%, partly because of the loss at Boeing, a large component of the 30-stock index.
According...