MINNEAPOLIS (AP)
-- Shares of Boeing Co. are falling for a second day as investors worry about
the fallout from a fire aboard a new 787.
The fire
happened on the ground and no one was hurt. But fire officials say it involved
one of the plane's lithium ion batteries. The 787 is Boeing's first plane to use
those batteries. In 2007 federal officials issued special rules for them because
of concerns about the risk of fire.
Investors are
eager for Boeing to profit from its big investment in the plane, and they're
nervous about potential setbacks.
Boeing shares
fell 3.3 percent to $73.64 in afternoon trading. They've fallen 5.2 percent
since their Friday close, erasing more than $3 billion of market
value.
The Monday fire
was on a Japan Airlines 787.
