Boeing Stock Trades Higher Amid Mixed Production News
Boeing stock traded higher in premarket trading on Thursday as investors weighed production and certification updates against a stronger broader market.
Nasdaq futures were up 1.15%, while S&P 500 futures gained 0.88%.
Boeing CEO Kelly Ortberg said the company's 737 production ramp is still being held back by wing production, which remains the main bottleneck in Renton.
The 777X faces another hurdle as Boeing awaits completion of GE Aerospace's engine mid-seal certification plan before it can begin ETOPS testing.