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Boeing Stock Is Nosediving After Hours: What’s Going On?

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alternativestockinvesting.com

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daily@alternativestockinvesting.com

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Tue, Feb 28, 2023 03:26 AM

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Boeing Co shares are trading lower after the close on Thursday following reports the planemaker will

[unsubscribe]( Boeing Co shares are trading lower after the close on Thursday following reports the planemaker will halt deliveries of its 787 Dreamliners. What Happened: According to a CNBC report citing the Federal Aviation Administration (FAA), Boeing will temporarily stop deliveries of the 787s to perform additional testing on a fuselage component. The report indicates Boeing won’t be able to resume deliveries until the company can show the FAA it has completely solved the issue. The full statement from the FAA reads as follows: “Boeing temporarily halted deliveries of 787 Dreamliners after notifying the FAA that it is conducting additional analysis on a fuselage component. Deliveries will not resume until the FAA is satisfied that the issue has been addressed. The FAA is working with Boeing to determine any actions that might be required for recently delivered airplanes.” See Also: Best Travel Stocks BA Price Action: Boeing has a 52-week high of $221.33 and a 52-week low of $113.02. The stock was down 2.61% at $202.70 after market close. [Read the original article here.]( The information provided is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. The opinions are from 3rd parties, claims have not been independently verified by us, and we have not been compensated in any way to review the companies or symbols mentioned. sponsored ads below Do You Know the Best Place to Find Gains in Volatile Markets? In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. 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