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Boeing shares slide for second straight day following fatal Air India Flight 171 crash
The selloff followed yesterday’s crash of Air India Flight 171, a Boeing 787-8 Dreamliner, that departed from Ahmedabad en route to London. The aircraft was carrying 242 people, including 12 crew members. The tragedy has once again put Boeing’s safety record in the spotlight, intensifying pressure on the aircraft manufacturer.
Boeing shares plunge 5% after fatal Ahmedabad plane crash
Boeing’s stock witnessed a sharp decline on June 12 following the tragic crash of an Air India Dreamliner in Ahmedabad. By the close of regular trading on the New York Stock Exchange, the company’s shares had dropped to $203.75, a fall of $10.25 or approximately 4.8%.
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Boeing Faces Turbulence: Stock Drops Amid Crash ConcernsBoeing’s stock has experienced a significant decline of 7.90% over the past week, largely due to a tragic crash involving an Air India flight operated by a Boeing 787 Dreamliner ...
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Here's Why Boeing Stock Slumped 30% in the 1st Half of 2024Investors in Boeing (NYSE: BA) are enduring another challenging year. According to data from S&P Global Market Intelligence, the stock fell 30.3% in the first half. The decline looks justified ...
Boeing (NYSE: BA) stock continued its recent turbulent ride with a decline Thursday morning: As of 12:30 p.m., it was off by 6.4% as the broader stock market reassessed the case for optimism ...
If Boeing’s P/S ratio gradually shrinks around 20% over the next twelve months from a multiple of about 1.4x revenues to around 1.1x, this could translate into a 20% decline in BA stock to $130 ...
This raised serious questions about Boeing’s safety record and led to a 30% stock decline in the same year. In May, the U.S. Department of Justice (DoJ) moved to dismiss a criminal fraud charge ...
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