05:50 AM EDT, 10/24/2024 (MT Newswires) -- Boeing ( BA ) shares were down more than 2% pre-bell Thursday after its striking factory workers rejected another contract offer that would have increased pay by 35% over four years, prolonging a six-week-old strike.

About 64% of the union members voted against the proposal, the International Association of Machinists and Aerospace Workers said Wednesday.

"After 10 years of sacrifices, we still have ground to make up, and we're hopeful to do so by resuming negotiations promptly," IAM District 751 President Jon Holden and IAM District W24 President Brandon Bryant said in a joint statement.

Price: 153.65, Change: -3.41, Percent Change: -2.17