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Why Boeing's Stock Rose on Dreamliner Delays

posted by Scott Gurvey, New York Bureau Chief at 5:26 PM on 04/09/08

Photo of Scott GurveyI thought it was interesting that Boeing stock went up, even though the company announced today another delay in the development/delivery schedule for the 787 Dreamliner.

The answer is that while Wall Street doesn’t exactly like bad news, it really hates surprise. And Boeing has been doing a good job of keeping the analysts in the news, so today’s announcement was just as expected.

Guess building a new airplane is harder than it looks. And it looks plenty hard.

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