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Benzinga
Benzinga
Business
Adam Eckert

Why Boeing Shares Are Falling

Boeing Boeing Co British Airways

Boeing Co (NYSE:BA) shares are trading lower Wednesday after the company reported financial results that were down year-over-year.

Boeing said first-quarter revenue totaled $13.99 billion, which was down from $15.22 billion year-over-year. The revenue decline was driven by lower defense volume and charges on fixed-price defense development programs, partially offset by commercial services volume.

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