Boeing, Spirit Aerosystems Shares Lower Following Spirit Halting Work At Wichita Plant Due To Union Strike
Portfolio Pulse from Charles Gross
Boeing and Spirit Aerosystems shares are down following Spirit's decision to halt work at its Wichita plant due to a union strike. This may affect production and delivery schedules.
June 22, 2023 | 9:30 am
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Boeing shares are down as Spirit Aerosystems halts work at its Wichita plant due to a union strike, potentially affecting production and delivery schedules.
Boeing is a major customer of Spirit Aerosystems, and the halt in work at the Wichita plant may affect Boeing's production and delivery schedules. This could lead to a negative impact on Boeing's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Spirit Aerosystems shares are down as the company halts work at its Wichita plant due to a union strike, potentially affecting production and delivery schedules.
Spirit Aerosystems is directly affected by the halt in work at its Wichita plant due to the union strike. This may lead to delays in production and delivery schedules, negatively impacting the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100