Stock Market: BA Stock

  • Stock Market: BA Stock

    Shares of aerospace huge Boeing (BA) are among the highest-profile sufferers of today

    Why Boeing Stock Was Down More Than 5% Today Shares of aerospace gigantic Boeing (BA -2.39%) are amongst the highest-profile targets of today’s sell-off on the current acceleration of Russia’s relocations against Ukraine. As of 2:05 p.m. ET Tuesday, NYSE BA was down 5.2%, approximately 3 times the loss of the S&P 500 all at once. Why would a full-blown Russian intrusion of Ukraine misbehave news for Boeing? For something, it could interrupt materials of Russian titanium that Boeing needs to construct its planes. Judging from past comments by the firm, Boeing spends roughly $9 billion every ten years on Russian titanium. However the U.S. has actually currently started imposing…

    Comments Off on Shares of aerospace huge Boeing (BA) are among the highest-profile sufferers of today