Boeing shares are trading lower following a Reuters report suggesting Boeing warned of possible near-term 737 MAX delivery delays due to a quality issue from supplier Spirit AeroSystems.
Portfolio Pulse from Benzinga Newsdesk
Boeing shares are trading lower due to a Reuters report suggesting possible near-term 737 MAX delivery delays because of a quality issue from supplier Spirit AeroSystems.
August 24, 2023 | 1:32 pm
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Boeing's stock is trading lower due to potential delivery delays of the 737 MAX, caused by a quality issue from supplier Spirit AeroSystems.
The news directly impacts Boeing as it suggests potential delivery delays for one of their key products, the 737 MAX. This could affect their revenue and profitability, leading to a decrease in their stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100