Boeing Stock Steadies on Expanded Credit Facilities
Boeing stock has steadied around $209.84 after expanding its credit facilities and securing up to $10 billion in new lines of credit to bolster liquidity.
The company's decision to expand its credit facilities comes as it navigates ongoing challenges, including a potential strike by engineering employees and production and certification hurdles.
In the second quarter of 2026, Boeing reported an adjusted loss of $0.76 per share, narrower than the prior-year quarter's reported adjusted loss of $1.24 per share, showing that the company has cut its per-share loss by $0.48 year over year.
The company's revenue in the second quarter of 2026 reached $24.56 billion, exceeding an estimate of $24.05 billion by 2.1 percent and rising 8 percent compared with the year-ago quarter's $22.75 billion.