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SPR Spirit Aerosystems Holdings Inc

30.66
0.15 (0.49%)
16 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Spirit Aerosystems Holdings Inc NYSE:SPR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.15 0.49% 30.66 31.28 30.29 30.46 1,777,053 23:11:36

Spirit AeroSystems Stock Falls After Boeing Issues

14/04/2023 3:29pm

Dow Jones News


Spirit Aerosystems (NYSE:SPR)
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From May 2022 to May 2024

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By Will Feuer

 

Shares of Spirit AeroSystems Holdings Inc. fell after the company said it was the supplier responsible for incorrectly installed parts that prompted Boeing Co. to pause deliveries of some 737 MAX jets.

The stock fell almost 18% to $29.31 a share in morning trading. Over the past 12 months, shares are down about 37%.

On Thursday, Boeing said it was notified by a supplier of "a nonstandard manufacturing process" used to install two fittings at the rear of the plane. Spirit AeroSystems said it was the supplier.

Boeing shares were recently down by more than 6% at $199.97.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

April 14, 2023 10:14 ET (14:14 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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