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Boeing shares drop 6% as CEO flags production delays, but BofA says selloff is overdone.

Market News
18 Sep 2026
Proactive Investors
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Bearish
Boeing shares drop 6% as CEO flags production delays, but BofA says selloff is overdone.

Boeing's stock is down 6% after CEO Kelly Ortberg announced ongoing production challenges with the 737 and 787 models and a delay in 777X certification now expected in 2027. The delay is due to pending approval for a new engine seal. Despite these issues, Boeing expects first 777X deliveries next year and a near-term risk from a possible union strike. Bank of America views the market reaction as excessive, noting typical production scaling issues and maintaining a positive outlook on Boeing's 2026 delivery and cash flow forecasts.

Boeing Co shares trade at USD 197.11 on Pluang as of Sep 19, 2026 00:02 WIB, showing a slight 1-day gain of 0.06%. Despite the news of production delays and certification setbacks, the stock remains well above its 52-week low of USD 179.12 but below its 52-week high of USD 252.15. Pluang investors have shown a strong sell bias with 89% of order activity leaning towards selling, reflecting cautious sentiment amid ongoing operational challenges.

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