Boeing shares tumble after company suspends 737 Max production — three experts on what to watch

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Boeing tumbles after company suspends 737 Max production — three experts on what to watch $BA (via TradingNation)

Here's what three experts say investors should watch now."Right now I would rather see if this is a first-quarter event. I think the fact that we've seen the shares pounded despite [it being not hard to imagine] that Boeing would have to suspend production shows investors punishing them not just for the news — wasn't shocking — but for the lack of, not a lack of candor, but just a lack of ability to foresee what everybody else saw.

I mean I think it's fair to be cautious right now on the timing of the return to service, on eventually what Boeing might have to do to their portfolio, which is certainly going to be, you know, the next major question we all start to ask as they look at what's next for the Max and for their narrow-body portfolio once the plane does return to service. So, you know, we're cautioning clients to be extremely cautious on Boeing.""Why is this stock not at $300? ...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Boeing considers halting production of 737 Max over grounding: report - Business InsiderThe decision could be announced by Boeing as soon as Monday, according to The Wall Street Journal, which cited sources familiar with the matter.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Boeing 737 Max: Suspended production is embarrassing sign of hubris - Business InsiderBoeing repeatedly picked dates for the 737 Max's return only for them to come and go, and for the FAA to refuse to back the same timeline. Stupid engineering shortcut/work-around killed Boeing’s top selling aircraft. A deadly teeter-totter in the air.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks of Boeing and its suppliers fall on reports of 737 MAX production haltShares of Boeing and its suppliers fell on Monday after reports that the U.S. pl... Cc princertitude et AirDefensenet DjsAviation crankyflier Boeing stock May Crash Any Second 📉
Source: Reuters - 🏆 2. / 97 Read more »