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Boeing Shares Slide on Slower 737 Production

Boeing shares fell nearly 10 percent after the company announced it will miss its 737 production targets this year. CEO Kelly Ortberg cited persistent supply chain issues and delayed cash flow goals.

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FILE PHOTO: A Boeing banner hangs in front of the Artemis 3 Center Core, as NASA continues to prepare for launch in the Vehicle Assembly Building at the Kennedy Space Center in Cape Canaveral, Florida, US, September 30, 2026. REUTERS/Philip Scott Andrews/ File Photo

BOEING CO shares fell 9.6% to $170.23 in Tuesday afternoon trading after CEO Kelly Ortberg announced delays to 737 production and free cash flow targets.