Boeing Share Price still down by 4.5% after Dreamliner catchers fire in London
iNVEZZ.com (LONDON) , Friday, July 12: Boeing Company(NYSE:BA) shares are still down by 4.5% in late afternoon trading after a Dreamliner 787 cought fire at Hathrow Airport in London.
Earlier this year, problems with batteries on Dreamliner aircraft led to the grounding of the fleet and forced Boeing into a costly re-design.
The company’s shares had been trading at a 52-week high on Friday before news of the fire first broke.
Companies such as Honeywell and Rockwell Collins, supplying parts of the Dreamliner, were also hit. The fall in Boeing’s stock was its biggest one-day drop since August 2011.
**Other Related Storied in regards to Boeing 787 Dreamliner Accident** Honeywell Share Price down by 1.5%
Boeing Share Price down by 7%
Rockwell Collins Share Price recovered after short fall
**The Boeing Company share price (NYSE:BA) was $101.55 as of 19.19 GMT, 12.07.2013**