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Boeing Stock Plunges After Earnings. 737 Progress Is Not Fast Enough.

Business - Latest - Google News·1 day ago
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Boeing Stock Plunges After Earnings. Two Big Issues Are Delaying Progress.

By Al RootIn this article

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Coming into the week, Boeing stock had underperformed the S&P 500 by about 15 percentage points since the end of the second quarter. (Jason Redmond / AFP via Getty Images)

It’s been a busy and challenging few months for Boeing, and its third-quarter earnings call isn’t helping. The stock plunged after management said that 737 MAX deliveries would miss targets — and pushed out longer-term free cash flow goals.