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"Shares of The Boeing Co. fell less than 1%." They are too big to fail. So they will fail together with the entire state. 4 domestic aircraft manufacturers o
by cft 3y ago
"Shares of The Boeing Co. fell less than 1%."
They are too big to fail. So they will fail together with the entire state.
4 domestic aircraft manufacturers of the 1960s (Lockheed, Douglas, Convair, Boeing) is now one.
- jonwachob91 3y agoBoeing is already down 19% for the month - on news of the latest MAX issues. Investors have already hit the stock hard, and an operator saying they'll think about other options won't move the needle in the face of the REAL news that has already hurt the stock. If United announces they are cancelling their 200 Max 10 and Max 8s on order, then you can expect to see the stock dip further.
- Dalewyn 3y ago>If United announces they are cancelling their 200 Max 10 and Max 8s on order, then you can expect to see the stock dip further. Seeing as the CEO stated they are "going to at least build a plan that doesn’t have the Max 10 in it", they damn well better follow through and cancel those MAX 10 orders. Words are supposed to have meanings, after all.
- netrus 3y agoStocks can fall quite a bit before a company fails. Aviation is full of companies with huge revenue and tiny profits/valuations.