financetom
Business
financetom
/
Business
/
What's Going On With Boeing Shares Today?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
What's Going On With Boeing Shares Today?
Sep 6, 2024 1:32 PM

Boeing Co. ( BA ) has decided to return its Starliner spacecraft from the International Space Station (ISS) without a crew.

What To Know: The unexpected move came after a discussion between Boeing ( BA ) and NASA, with NASA ultimately deciding against bringing astronauts back on the Starliner due to concerns over thruster performance.

Initially, astronauts Sunita Williams and Butch Wilmore were scheduled to return aboard the Starliner, which launched on June 5. However, technical issues including helium leaks and problems with the reaction control thrusters, delayed their return. NASA opted to bring them back on a SpaceX vehicle instead, leaving the Starliner to perform an uncrewed descent, now scheduled for September 6.

The decision may have raised concerns about Boeing's ( BA ) space program, especially as the company continues to face challenges in its aerospace division. Investors reacted to the news as they await further updates, including insights from Boeing CFO Brian West at the upcoming Morgan Stanley Laguna Conference on September 13.

BA Price Action: Boeing ( BA ) shares closed down by 2.79% at $157.62 according to Benzinga pro.

See Also:

Gas Station Charges Less Than $2.50 Per Gallon: How Inflation, Energy Prices Are Faring Now

Image Via Shutterstock.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Prospect Capital Insider Bought Shares Worth $3,922,500, According to a Recent SEC Filing
Prospect Capital Insider Bought Shares Worth $3,922,500, According to a Recent SEC Filing
Sep 6, 2024
04:08 PM EDT, 09/06/2024 (MT Newswires) -- John F Barry, 10% Owner, Director, CEO, on September 04, 2024, executed a purchase for 750,000 shares in Prospect Capital ( PSEC ) for $3,922,500. Following the Form 4 filing with the SEC, Barry has control over a total of 70,161,621 shares of the company, with 69,844,427 shares held directly and 317,193 controlled...
Meta Updates On Third-Party Chat Integration For WhatsApp And Messenger In Europe
Meta Updates On Third-Party Chat Integration For WhatsApp And Messenger In Europe
Sep 6, 2024
Meta Platforms Inc. ( META ) on Friday provided an update on its efforts to comply with the European Union’s Digital Markets Act (DMA), specifically focusing on enabling interoperability between its messaging services—WhatsApp and Messenger—and third-party messaging apps. Key Developments: Interoperability Compliance: In response to the DMA, Meta has integrated third-party chat features into WhatsApp and Messenger for European users....
What's Going On With Boeing Shares Today?
What's Going On With Boeing Shares Today?
Sep 6, 2024
Boeing Co. ( BA ) has decided to return its Starliner spacecraft from the International Space Station (ISS) without a crew. What To Know: The unexpected move came after a discussion between Boeing ( BA ) and NASA, with NASA ultimately deciding against bringing astronauts back on the Starliner due to concerns over thruster performance. Initially, astronauts Sunita Williams and...
CIBC Comments on Canada's Jobs Report for August
CIBC Comments on Canada's Jobs Report for August
Sep 6, 2024
08:48 AM EDT, 09/06/2024 (MT Newswires) -- Canadian employment rebounded slightly in August following two soft months, but the job gain couldn't keep up with the pace of labor force growth and the jobless rate rose more than anticipated, said CIBC. The 22,000 increase in employment reported in Friday's Labour Force Survey (LFS) was close to the consensus forecast of...
Copyright 2023-2025 - www.financetom.com All Rights Reserved