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BA Shares Fall After Emergency Landing During Test Flight
By Market News Video Staff, Wednesday, November 10, 11:34 AM ET
Boeing (NYSE:BA) shares are trading lower today on news that its long-delayed 787 Dreamliner had to make an emergency landing during a test flight yesterday after a fire on board. Shares of Boeing are lower by 3.3% following the news.
ETFs with large holdings in BA include the iShares Dow Jones U.S. Aerospace & Defense Index Fund (AMEX:ITA) 7.3% of the portfolio in Boeing and the PowerShares Aerospace & Defense ETF (AMEX:PPA) with 6.3% of the portfolio in Boeing. Both ETFs are trading lower today on the news.
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