boeing share price absurd behaviour
the stock should be down 20%..i don’t get how no metter what news come out the stock either stays flat or appreciates..honestly, they fucked up bad with the design of the MAX plane, don’t take full responsibility and keep on clearly liying on the MAX return expected timelies. and every time the market cheers..what the hell is wrong with that stock?
There is duopoly in that industry. And that’s the reason no matter what Boeing WILL just be fine.
Duopoly stocks don’t crash unless the game changes fundamentally
Just like Uber and Lyft 🤔
@juice - dumb comparison. Alternatives include taxis and driving yourself. Most people can’t fly their own passenger plane.
FOMO YOLO MAGA
Share buybacks are in full swing. Keep the floor for the stock
Yes, MSFT employee knows all about buybacks 😉
MSFT just embarked to this journey... Not comparable with Apple's $75.1 billion over 12 months ending June 2019.
It's also one of those stocks that are a mainstay in 401k plans, steady and dividend paying. Long term investors don't care about blips.
Because people are buying the max still. Airbus has problems too, and there are no other reasonable options. You don't have to run faster than the bear, just faster than the guy next to you!
You’re not looking at the big picture. The commercial aircraft order backlog is still massive and defense programs are about 30% of Boeing revenue.
They do other things other then making shitty passenger jets.