BA Stock Alert: Boeing Halts Deliveries of 787 Dreamliners

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  • Boeing (BA) stock is falling after halting 787 Dreamliner deliveries.
  • However, this halt is only due to a documentation issue, not a manufacturing one.
  • This likely means the delay will not last long.
BA stock: a blue and white Boeing 787 flying in the sky above the clouds

Source: vaalaa / Shutterstock

Boeing (NYSE:BA) stock is a hot topic among traders on Friday after the company halted deliveries of its 787 Dreamliners.

This halt was put in place as the company investigates an “analysis error” connected to the 787 Dreamliner’s forward pressure bulkhead. The problem appears to mostly be a documentation issue.

On that same note, analysts are remaining positive about 787 Dreamliner deliveries despite the news. Many see it as a minor interruption that won’t stop the company from delivering the jets for too long.

Investors will note that Boeing has run into delivery problems with its 787 Dreamliner jets in the past. That includes the halt put in place in 2021 which lasted until late last year. This was connected to a manufacturing problem that required changes to the design.

How BA Stock Is Reacting to the News

Following this delivery update, shares of BA stock are dropping as the news rattles investor confidence. However, it hasn’t resulted in heavy trading, with only about 183,000 shares on the move as of this writing. That’s far away from the company’s daily average trading volume of about 6.5 million shares.

BA stock is down 4.1% as of Friday morning but still up 6.5% since the start of the year.

Investors looking for more of the latest stock market news will want to keep reading!

We’ve got all of the most recent stock coverage that traders need to know about on Friday. Among that is what has shares of Nektar Therapeutics (NASDAQ:NKTR), SELLAS Life Sciences (NASDAQ:SLS) and Bridger Aerospace (NASDAQ:BAER) stock moving today. All that news is ready to go at the links below!

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On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.


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