Boeing Stock Suffers Worst Day Since 2020 -- WSJ

By Drew FitzGerald

Boeing shares slid Tuesday to their sharpest one-day fall in more than six years after executives tempered expectations for a quick financial turnaround at the American plane maker.

The stock opened slightly lower, then dropped more sharply after the company hosted an investor call to discuss its results. Earlier, Boeing posted a $116 million quarterly loss driven by underwhelming revenue and high costs in its commercial aircraft segment.

Shares ended the day 11% lower, its biggest drop since June 2020, according to Dow Jones Market Data. Building wings for its 737 MAX jets has posed a particular challenge for Boeing as production rates lag the output of other parts like fuselages.

Chief Executive Kelly Ortberg told investors that the step up to 47 jets a month on its 737 MAX production lines "didn't go as smoothly" as the previous rate increase, a challenge that affects profitability. The company doesn't expect to hit that more lucrative production rate until next year.

"People want us to go faster, but we're going to be smart about this," Ortberg said in a CNBC interview Tuesday morning.

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(END) Dow Jones Newswires

October 27, 2026 17:07 ET (21:07 GMT)