Boeing Stock Drops Amid Ongoing Challenges and Slow Production Growth
Boeing's stock price dropped by 3.7% to $201.96 on September 17, 2026, marking its largest decline since May and a total drop of about 7% for the year.
This significant drop came after Boeing CEO Kelly Ortberg outlined several challenges facing the company, including ongoing issues with the 777X aircraft, which is experiencing extended testing that may continue into next year.
The delay, coupled with slow production growth of major models, has raised concerns about the company's cash flow prospects. Ortberg also tempered expectations regarding potential large aircraft orders from China, predicting only 'some new orders.'