NEW YORK: Boeing shares tumbled Wednesday after the aviation giant reported a $1.2 billion loss in an ugly quarter weighed down by fresh one-time costs on its Russia business, the Air Force One presidential jet and the new 777X plane.
After falling more than 12% earlier in the session, Boeing shares finished 7.5% lower at $154.46 following results that badly missed analyst expectations as the company revealed yet another delay with its 777X model.
