More than £6bn wiped off Boeing in wake of South Korean crash [Yahoo! Finance]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: Yahoo! Finance
Almost $8bn (£6.4bn) has been wiped off the value of Boeing as the embattled plane maker faces an investigation into the deadliest air disaster in South Korean history. The company's shares plunged by as much as 6pc after authorities launched an investigation of all of the Boeing 737-800s – the model involved in the Jeju Air crash – operated by South Korea's domestic carriers. It knocked $7.9bn off the US giant's value, which previously stood at $135bn, and caps off a torrid year for the company The losses pared later on Monday but still left Boeing nursing a multi-billion dollar hit as Wall Street digested the news. All 175 passengers and four of the six crew aboard a Jeju Air Boeing 737-800 were killed in the crash on Sunday. The aircraft landed on its belly before skidding along the runway and crashing into a wall at Muan International Airport. Beforehand, the pilots had warned air traffic control that the aircraft had suffered a bird strike and issued a mayday warning
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News
- What’s In Store For Boeing Stock In 2025? [Forbes]Forbes
- Boeing may have to wait for Trump before it can resolve major legal problem [Yahoo! Finance Canada]Yahoo! Finance Canada
- From massages to fine-dining meals: Five reasons this airline is all about luxury [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- The Boeing Company (NYSE: BA) was upgraded by analysts at Barclays PLC from an "equal weight" rating to an "overweight" rating. They now have a $210.00 price target on the stock, up previously from $190.00.MarketBeat
- Barclays upgrades Boeing, sees a recovery for the airplane maker after a tough 2024 [CNBC]CNBC
BA
Earnings
- 10/23/24 - Miss
BA
Sec Filings
- 1/6/25 - Form 4
- 1/6/25 - Form 4
- 1/6/25 - Form 4
- BA's page on the SEC website