Boeing Shares Sink Despite Upbeat 2nd-Quarter Earnings

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Boeing Shares Sink Despite Upbeat 2nd-Quarter Earnings

The Boeing logo at the company’s factory in Renton, Wash. AP Photo/Lindsey Wasson

Shares of U.S. aerospace giant Boeing fell by about 3 percent despite a better-than-expected second-quarter earnings report.

The latest earnings indicate that the company’s financial health, which has suffered over the past year, is improving under the leadership of CEO Kelly Ortberg.

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