Boeing Company (NYSE:BA) shares are trading lower Wednesday, and the stock is down more than 5% over the past five days. Here's a look at what to know.
What To Know:
Boeing's troubles continued Tuesday as new safety concerns came to light from whistleblower and Boeing engineer, Sam Salehpour. Salehpour claims that the fuselage sections on 787 Dreamliners are improperly fastened together and could break apart mid-flight.
The U.S. Senate Permanent Subcommittee on Investigations will hold a hearing next Wednesday to examine Boeing's safety culture, including Salehpour's claims.
Stifel analyst Bert Subin maintained Boeing with a Buy rating and lowered the price target from $270 to $260 on Wednesday. A more drastic ...