Boeing (BA) Stock

Shares of Boeing (BA) fell on Wednesday after the company announced that it had not met its quarterly revenue projections. The stock fell despite the fact that Boeing had in fact exceeded its second-quarter profit goals.

Boeing (BA) Stock

In total, Boeing announced $15.6 billion in sales over the second quarter, which was just off their $16.1 sales projection for the quarter. However, shares of Boeing stock saw $1.06 profit per share, which was higher than the $1.01 projection that Boeing had made. In addition, Boeing got plenty more orders this quarter than it had last year.

Despite this news, Boeing’s stock fell quickly on Wednesday. Boeing’s stock (ticket symbol BA) had fallen roughly 2 percent by late afternoon. The stock price at that time was $67.34 per share.