Boeing 787 Fire Was Not Caused by Bat...

Boeing 787 Fire Was Not Caused by Battery Flaw, U.K. Agency Says

There are 1 comment on the TheStreet.com story from Jul 13, 2013, titled Boeing 787 Fire Was Not Caused by Battery Flaw, U.K. Agency Says. In it, TheStreet.com reports that:

Investors in Boeing, which calls its newest plane a Dreamliner, had feared that Friday's blaze meant that a battery overheating problem that grounded the whole fleet of such planes in January had not been fixed.

Join the discussion below, or Read more at TheStreet.com.

Salil Mehta

Princeton Junction, NJ

#1 Jul 13, 2013
Worth noting that Boeing has not fallen 5% or more in over a year. This is an egregious $4 billion reaction to smoke (originally $8 billion intraday for just this one company), on the crown of an empty parked plane. With the longer history of the company and macroeconomy taken into account, there is a strong likelihood this news event will have a strong positive bias on the stock price this Monday. Though the most likely case is still -and as we generally see with Boeing in particular- a minimal impact from the incident. See more interesting tidbits on other topics at statisticalideas.blogspot.com .

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