Boeing Stock Slumps 3.7% as Production Woes Persist
Boeing stock plummeted by approximately 3.7% on September 16, 2026, closing at $201.96 on the NYSE.
This decline was preceded by a previous close of around $209.69 and represents one of the steeper single-day drops for Boeing shares in recent weeks.
The stock traded between an intraday low of $197.01 and a last trade near $201.96, with a volume of about 12.9 million shares, significantly higher than its three-month average of around 5.5 million shares per NYSE data.
The drop was attributed to remarks from President and Chief Executive Officer Kelly Ortberg at Morgan Stanley's Laguna Conference, where he indicated that stabilizing production of the 737 MAX at 47 aircraft per month is taking longer than expected.