Shares of Boeing slid 3.04% to $195.92 at 10:40 EST on Wednesday, after three consecutive sessions in a row of losses. NYSE Composite is dropping 0.45% to $14,867.37, after four consecutive sessions in a row of losses. This seems, up until now, a somewhat rough trend exchanging session today.
Boeing’s last close was $203.36, 78.62% below its 52-week high of $349.95.
News about Boeing today
Boeing stock drops after loss widens to more than $8 billion, misses expectations by wide margin. According to today’s article on MarketWatch, "Shares of Boeing Co. sank 1.7% in premarket trading Wednesday, after the aerospace and defense giant reported a fourth-quarter loss of that widened to more than $8 billion, to miss expectations by a wide margin, while revenue fell a little less than forecast, amid strength in its defense, space and security business. "
Boeing takes $6.5 billion charge on new delay to 777x jetliner. According to today’s article on Bloomberg Quint, "The first delivery of the behemoth 777X won’t be until late 2023, three years later than initially planned, Boeing said in an earnings statement Wednesday. ", "The deep impact of the pandemic on commercial air travel, coupled with the 737 Max grounding, challenged our results," Boeing Chief Executive Officer Dave Calhoun said in the statement."
Boeing reports record annual loss. According to today’s article on The Wall Street Journal, "The write-down comes just as the 737 MAX re-enters service and Boeing tries to recover from a series of botched jetliner and military programs that more than halved its market value over the past two years. ", "That dropped Boeing to fourth spot by that measure behind Raytheon Technologies Corp. , Lockheed Martin Corp. and Airbus SE ."
Boeing 737 max cleared to fly by EU regulators. According to today’s article on MarketWatch, "This assessment was carried out in full independence of Boeing or the Federal Aviation Administration and without any economic or political pressure," Ky said. ", "U.S. government investigations later alleged that Boeing employees deceived regulators over the significance of the critical system and that pilots were improperly trained on it."
Boeing’s sales growth is a negative 15.9% for the ongoing quarter and 2.2% for the next. The company’s growth estimates for the present quarter and the next is 22.7% and 63.5%, respectively.
Year-on-year quarterly revenue growth declined by 29.2%, now sitting on 60.76B for the twelve trailing months.
Boeing’s last day, last week, and last month’s average volatility was a negative 1.22%, a negative 0.09%, and a negative 0.35%, respectively.
Boeing’s last day, last week, and last month’s high and low average amplitude percentage was 2.26%, 2.13%, and 2.49%, respectively.
Boeing’s Stock Yearly Top and Bottom Value
Boeing’s stock is valued at $195.92 at 10:40 EST, way under its 52-week high of $349.95 and way higher than its 52-week low of $89.00.
Boeing’s Moving Average
Boeing’s value is under its 50-day moving average of $216.91 and higher than its 200-day moving average of $184.32.
Previous days news about Boeing
China’s challenger to Boeing, airbus to finally begin deliveries. According to Bloomberg Quint on Monday, 25 January, "China is finally reaching the finish line in its long-delayed attempt to build a jet capable of competing with narrowbody planes from Airbus SE and Boeing Co., according to the state-owned company in charge of the program.", "The C919, comparable to the Airbus A320 and Boeing 737, had its first flight in 2017 but has yet to carry any commercial passengers. "
Boeing will stop making the 747 after more than 51 years of passenger flight. here's the history of how the iconic plane changed the world.. According to Business Insider on Tuesday, 26 January, "With demand for air travel on the rise, the Boeing 747 would offer airlines greater seating capacity, increased range, and extra room for luxuries such as onboard lounges and bars.", "Take a closer look at the story of the Boeing 747, the aircraft that would firmly establish America as a leader in aircraft manufacturing for decades to come."
Alaska airlines just took delivery of its first Boeing 737 max, becoming the 4th in the US to fly the controversial jet. According to Business Insider on Tuesday, 26 January, "Minicucci also didn’t hold back when addressing the elephant in the room, namely the fears over the aircraft’s safety following two fatal crashes that took the lives of 346 people: "We believe in it, we believe in Boeing and we believe in our employees who will spend the next five weeks in training to ensure we’re ready to safely fly our guests.", "The first of a newly restructured order for a whopping 68 aircraft touched down at Seattle-Tacoma International Airport after an official handover at the Boeing Delivery Center on the grounds of the aptly-named Boeing Field, just six miles north of Alaska’s Seattle home airport."