Former Boeing stockholder Trump thinks the company is making too much money

2016-12-06_2114-donald-trump-abc-news
Photo: ABC News

The president-elect is decrying cost overruns to a new version of Air Force One, telling Boeing they are not allowed to make ‘that much money.’

“I think Boeing is doing a little bit of a number. We want Boeing to make a lot of money, but not that much money,” he said.

The effects of Trump’s comments were immediately apparent Tuesday morning, as Boeing’s stock took an immediate sharp turn downward when the market opened.

The company’s stock was down more than 1 percent in the first minutes of trading, making it one of the biggest losers on the Dow Jones Industrial Average to open the day.

Trump tweeted in 2013 that he bought stock in Boeing, calling it a “great company.”

For their part, Boeing has offered to re-negotiate costs with the incoming administration.

Remember Obama’s infamous words, ‘I do think at some point you’ve made enough money.’ Trump sounds like he is trying to outdo Obama’s rhetoric here …

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