Key Takeaways Boeing is reportedly considering selling up to $10 billion in stock to boost its revenue as it deals with a strike by its machinists.The plane maker was already struggling before the strike over issues including mechanical problems with its aircraft and a legal settlement over two deadly crashes.

Boeing (BA) shares are trading higher Tuesday on news the embattled aerospace giant is considering issuing new stock. The move would raise at least $10 billion and would help BA replenish its cash reserves that have been depleted by an ongoing strike at its West Coast factories,

Boeing Co. is considering raising at least $10 billion by selling new stock, as the planemaker seeks to replenish cash reserves depleted further by an ongoing strike, according to people familiar with the discussions.