Published On Oct 11, 2024, 2:13 PM
Boeing's stock price is currently near a 52-week low due to an ongoing strike involving its production workers. This labor dispute has raised concerns among investors regarding the company’s operational capabilities and future revenue, adding pressure to an already troubled stock price.
Negative
Given the ongoing strike and its potential impact on production and deliveries, it is likely that Boeing's stock may experience further downward pressure in the short term. Investors should closely monitor the developments of the strike, as a prolonged dispute can exacerbate financial and operational issues for the company.
Oct 11, 2024, 5:24 PM
An ongoing strike by Boeing's biggest union, the International Association of Machinists and Aerospace Workers (IAM), is proving costly on several fronts for the company.
An ongoing strike by Boeing's biggest union, the International Association of Machinists and Aerospace Workers (IAM), is proving costly on several fronts for the company.
Oct 11, 2024, 5:17 PM
The company said "executives, managers, and employees" jobs are all at risk