Site Logo

Follow Us

Stay Informed

Get Patriot news updates delivered free to your inbox!

sign up

On Air Now

No show currently scheduled.

Minnesota News

PRINT

Boeing shares down again on 787 worries

MINNEAPOLIS (AP) - Shares of Boeing Co. are falling for a second day as investors worry about the fallout from a fire aboard a new 787.

The fire happened on the ground and no one was hurt. But fire officials say it involved one of the plane's lithium ion batteries. The 787 is Boeing's first plane to use those batteries. In 2007 federal officials issued special rules for them because of concerns about the risk of fire.

Investors are eager for Boeing to profit from its big investment in the plane, and they're nervous about potential setbacks.

Boeing shares fell 3.3 percent to $73.64 in afternoon trading. They've fallen 5.2 percent since their Friday close, erasing more than $3 billion of market value.

The Monday fire was on a Japan Airlines 787.



Comments made about this article - 0 Total

Comment on this article

captcha 2b7d44be8c634ff49a6fbc940212414e