VIDEO: How did investors respond to Boeing's Q1 results?
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Boeing released first-quarter results that disappointed investors overnight, with the stock falling more than 7.5% at the closing bell on Wednesday. For the quarter, Boeing reported sales and revenue that missed analysts? estimates, announced US$2.7bn in charges and added costs across its portfolio, and paused the production of its 777x plane.
The plummet in Boeing shares pushes the stock's value down 25.69% year-to-date.