Boeing's (BA, Financial) stock dropped by 2.2%, closing at $141.98. The company is dealing with the impact of a strike involving over 32,000 machinists. Although these workers have been instructed to return to the factories by the latest on Tuesday, it will take several weeks to resume full operations.
Boeing reported the delivery of only 14 jets in October, marking the lowest monthly delivery since November 2020. This decline occurred during a time when the pandemic was at its peak and the Boeing 737 Max was still grounded globally following two fatal crashes.
