Monday, May 15, 2017

Trading Advantage Options – Boeing Shares Volatile on 737 Plane Difficulties


Shares of Boeing (BA) were volatile in trading recently due to ongoing issues with the development of its 737 aircraft model. Shares closed down 0.38% on Friday, experience greater declines on Wednesday after news hit that the company had temporarily halted flights for the aircraft due to problems with its engines. The company did eventually clear some flights for the aircraft after the initial halt on Wednesday, but it still needs FAA approval. Keep an eye on Boeing as this story is continuing to develop and more volatility is likely.

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