What's Going On With Boeing (BA) Shares Today?
Portfolio Pulse from Erica Kollmann
Boeing (NYSE:BA) shares are trading lower despite new orders and announcements, including a finalized order with Air India for up to 290 jets, an order from Avolon for 40 737 MAX airplanes, and China Airlines becoming a 787-10 customer.
June 20, 2023 | 4:00 pm
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Boeing shares are trading lower despite new orders and announcements, including a finalized order with Air India for up to 290 jets, an order from Avolon for 40 737 MAX airplanes, and China Airlines becoming a 787-10 customer.
Despite the positive news of new orders and announcements, Boeing shares are trading lower due to overall market weakness. The finalized order with Air India, the order from Avolon, and China Airlines becoming a 787-10 customer should have a positive impact on the company's revenues and growth. However, the current market conditions are causing the stock to trade lower in the short term.
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