What Happened
Investors Disappointed With Size of Big Jet Order From China
Boeing’s stock has taken a hit after the company announced a big jet order from China, but investors were disappointed with the size of the order. The order was seen as a result of the summit between President Trump and China’s leader Xi Jinping, but it was not enough to satisfy investors. Boeing reported aircraft deliveries for April, which also came in a touch light, contributing to the decline in stock price. This news was first reported by Barron’s.