What Happened
Commercial Jet Losses Overshadow Positive Cash Flow
Boeing’s stock price dropped 9% after the company reported a deeper loss in its commercial jet business, despite positive free cash flow and a record backlog. The loss was driven by an unfavorable delivery mix, elevated supply chain expenses, and higher projected costs for future production rate adjustments. GE Aerospace and RTX stocks moved in opposite directions, with GE Aerospace up 2% and RTX down 0.2%. The news was reported by 24/7 Wall St.