Boeing is considering raising at least $10 billion by selling new stock, Bloomberg News reported on Tuesday, citing people familiar with the discussions. The planemaker is working with advisers to explore its options,

(Reuters) - Boeing is considering raising at least $10 billion by selling new stock, Bloomberg News reported on Tuesday, citing people familiar with the discussions. The planemaker is working with advisers to explore its options, the report said, adding that raising equity is not likely to happen for at least a month.

Boeing Co.’s stock fell 2.6% early Tuesday, after a Bloomberg report that the aerospace giant is considering raising at least $10 billion by issuing new shares, as it works to bolster cash reserves that have been depleted by a strike.