Boeing Stock Rises. Here’s Latest on Air India 787 Crash.
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Despite its current price of approximately $205, which may seem like a reasonable valuation, we do not consider Boeing stock to be a compelling investment at this moment.
Boeing share price was trading flat with a negative bias in pre-open trade on Monday, June 16, at $200.2 apiece, down 0.06%. The aircraft manufacturer has also seen its stock slide by over 8% in the last four days.
Even before today's incident, Boeing investors were in for a long journey. The aerospace company expanded its total debt by more than 400% during the pandemic and still faces government production restrictions on the 737 MAX that limits its cash flow and its ability to pay down that balance.
Boeing remains a dominant aerospace player with long-term upside, despite recent crises and compressed financials. Read why we remain bullish on the stock and the turnaround potential.
Stock prices for Spirit AeroSystems in Wichita dipped slightly after a Boeing 787 Dreamliner plane operated by Air India crashed moments after takeoff, killing more than 260 people. Boeing CEO: Spirit AeroSystems shows progress in safety efforts Report: Boeing seeks to withdraw guilty plea agreement Report: Boeing seeks to withdraw guilty plea agreement Spirit AeroSystems reaches deal with Airbus Spirit AeroSystems reaches deal with Airbus © 2025 American City Business Journals.
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U.S. equities were mixed and little changed at midday as a second inflation report this week came in lower than anticipated.
Even before Thursday, investors were in for a long journey. The aerospace company expanded its total debt by more than 400% during the pandemic.