Both the company's commercial and defense units have been challenged by programs running behind schedule and higher-than-expected costs.
In addition to the impact from the door plug accident in January, Boeing, as well as rival Airbus, are dealing with thousands of new workers and a supply chain that can't keep up with production demands after a demand plunge during the pandemic roiled their businesses.
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Big Tech weakness holds back Wall Street even as most stocks riseThe Standard & Poor's 500 slipped 0.5%, even though 2 out of 3 stocks within the index rose. The Dow rose 0.5% and the Nasdaq composite sank 1.3%.
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