🔴 BA is trading 4.3% down as investors react to major China order announcement

Shares are volatile as investors digest news of a potential breakthrough in trade relations with China. The stock is trading at $230.27 (4.3% down) despite a positive backdrop of strong April sales.

• U.S. Treasury Secretary Scott Bessent stated that "large Boeing orders" are expected as part of President Trump's state visit to Beijing, marking a potential end to a nearly decade-long drought of major orders from China.
• The potential deal, which could cover up to 500 B737 MAX jets, is a key part of ongoing trade discussions during the summit between President Trump and President Xi Jinping.
• The price action follows a recent rally driven by Boeing's strongest April sales performance in over a decade, where it booked 135 net new orders.