Boeing Stock Plunges on Warning of Extended 737 Production Timeline
Boeing shares took a hit after CEO David Calhoun warned that the production of its 737 aircraft would take 'a little bit longer' than expected.
The news sent Boeing's stock price down, with real-time prices showing it dropping by 3.4% in early trading on Wednesday.
Boeing has been facing production delays and other challenges, including supply chain issues and the ongoing COVID-19 pandemic.