Why Boeing Shares Are Down Today

·3 min read

Boeing's (NYSE: BA) top competitor has secured a massive new commercial order from China worth an estimated $37 billion, a deal that highlights the U.S. aerospace manufacturer's difficulties selling into that important market. Investors were disappointed, sending Boeing shares down as much as 6.2% in Tuesday trading. Boeing and Airbus enjoy a duopoly in the commercial aircraft market, but the battle between the two companies is intense.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting