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July 8, 2019, 8:37 a.m. EDT

Boeing's stock falls to lead Dow's premarket decliners after losing order to rival Airbus

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By Tomi Kilgore

Shares of Boeing Co. /zigman2/quotes/208579720/composite BA +0.58% slumped 1.5% to pace the Dow Jones Industrial Average's /zigman2/quotes/210598065/realtime DJIA +0.13% premarket decliners Monday, after the aerospace giant lost an order valued at nearly $6 billion to Europe-based rival Airbus SE /zigman2/quotes/200706109/delayed EADSY +0.45% /zigman2/quotes/208224336/delayed FR:AIR +0.71% . The premarket price decline would have about 36 points off the Dow's price, or nearly half the Dow futures' /zigman2/quotes/210407745/delayed YMU19 -0.06% decline of about 78 points. Saudi Arabia's Flyadeal, the discount arm of Saudi Arabian Airlines Corp., said it would buy up to 50 Airbus A320neo planes, after making a commitment to buy Boeing's 737 Max planes in December. The loss of the order comes as the 737 Max planes have been grounded since March following two crashes of the planes.

Read the full story:
Dow dragged lower by Apple, Boeing stocks as investors rethink Fed rate-cut chances

/zigman2/quotes/208579720/composite
US : U.S.: NYSE
$ 386.41
+2.21 +0.58%
Volume: 4.24M
Sept. 18, 2019 6:30p
P/E Ratio
45.25
Dividend Yield
2.13%
Market Cap
$216.19 billion
Rev. per Employee
$660,961
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
27,147.08
+36.28 +0.13%
Volume: 215.60M
Sept. 18, 2019 6:20p
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/zigman2/quotes/200706109/delayed
US : U.S.: OTC
$ 33.85
+0.15 +0.45%
Volume: 143,470
Sept. 18, 2019 3:58p
P/E Ratio
24.65
Dividend Yield
1.03%
Market Cap
$104.78 billion
Rev. per Employee
$562,264
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/zigman2/quotes/208224336/delayed
FR : France: Euronext Paris
122.82
+0.86 +0.71%
Volume: 983,249
Sept. 18, 2019 5:36p
P/E Ratio
25.52
Dividend Yield
1.34%
Market Cap
€94.82 billion
Rev. per Employee
€476,596
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/zigman2/quotes/210407745/delayed
US : U.S.: CBOT
$ 27,133.00
-15.00 -0.06%
Volume: 606.00
Sept. 18, 2019 6:48p
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