Boeing (NYSE: BA) calls it the Dreamliner but a name with "nightmare" in it would have been more appropriate. After two major delays, there are now press reports that Boeing will only deliver 45 of the planes next year. The orgininal estimate was 112.
The Dreamliner has become an anchor tied to Boeing’s share price. The stock trades at a 52-week low under $73 after trading at $107.83 last July.
During the middle of last year, Boeing seemed to have the world by the tail. Rival Airbus was late in delivering its new models. All Boeing had to do was stay on course.
That didn’t work out
Douglas A. McIntyre
Essential Tips for Investing (Sponsored)
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.