Boeing is dipping in today's premarket. What's going on?

Boeing's stock price decrease in the pre-market session can be attributed to several factors:

1. Strike Impact: The ongoing labor strike at Boeing, involving 33,000 machinists, continues to affect the company's operations and financial performance. The rejection of a new contract offer by the union workers recently further intensified the situation.
2. Q3 Financial Results: Boeing reported a $6.7 billion quarterly loss, which is a significant increase from the previous quarter's loss. This substantial loss, coupled with a revenue decline, adds to the concerns about the company's financial health.
3. Production Challenges: The 737 MAX production issues persist, which have been a recurring problem for the company. These issues, along with the strike, contribute to operational challenges and impact the company's ability to deliver aircraft.
4. Market Sentiment: The overall market sentiment towards Boeing remains weak due to these ongoing issues. The company's stock has been under pressure, and negative news headlines, such as the recent strike vote, can lead to a negative sentiment among investors.

In summary, the combination of labor unrest, financial losses, production difficulties, and negative market sentiment contribute to Boeing's stock price decline in the pre-market session.