Previous Close | 34.80 |
Open | 34.80 |
Bid | 34.80 x 195200 |
Ask | 35.40 x 193300 |
Day's Range | 34.80 - 35.00 |
52 Week Range | 30.80 - 43.20 |
Volume | |
Avg. Volume | 52 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | Oct 30, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Until recently, Boeing seemed insulated from any default risk but the continuing machinist union strike comes at a huge cost of about $1 billion in cash a month, and markets are worried.
The cuts come as the company battles with delays, increased costs and competition from the likes of SpaceX.
Boeing (BA) stock has suffered in 2024 as high-profile safety incidents relating to its civil aviation operations compounded prior concerns about build quality and safety mechanisms. However, the company’s misery has now extended to include thousands of striking workers demanding higher pay and benefits. Meanwhile, the company’s debt position is worsening by the day. Despite positive earnings forecasts for 2025, I’m bearish on Boeing. Boeing Worker Pay Demands As most investors and members of th