Boeing has clearly had a turbulent year. From several safety incidents to the Starliner fiasco to bringing in a new CEO amid a massive workers’ strike, the company has endured blow after blow. And now,

Negotiations broke down between Boeing and its largest union, eroding hopes of a quick end to a strike that has halted production of most airplanes. Boeing shares fell 3.4% Wednesday after the company and the union accused the other of refusing to budge late Tuesday.

Boeing Co.’s stock slid 1.4% early Wednesday, after the company said it has reached an impasse in its talks with its machinists union to end a strike that estimates say is costing it more than $1 billion a month.

According to a note from Wells Fargo, Boeing’s ongoing labor disputes with its IAM 751 union have significantly increased the likelihood of the company raising equity soon. "With union talks falling apart once again,