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Boeing has problems again

The company increased its net loss and lowered its production forecast for the Boeing 737 for the second time. Company suffered a loss of more than $4,000,000,000 in the first nine months of 2022. This has an impact on BA premarket stock prices.

Boeing company stock price history — what’s happening to the company today?

Net loss for the U.S. concern increased 72.9 times to 4,301,000,000,000 dollars (from 59,000,000 a year earlier).

Boeing posted a net loss of 3,275,000,000,000 dollars — in annual terms, it jumped 30 times (the company’s net loss of 2021 was 109,000,000 dollars). Revenues were up 4% year over year to $15,956,000,000,000 on a forecast of $1,819,000,000,000 . This may not be the best circumstance for Boeing company stock price history.

At the same time, we stress that almost all companies have problems today, as even the current stock prices of DIS are dropping.

  • Expects to deliver 375 airliners of this model; this year — it was announced by the company’s Chief Financial Officer Brian West.
  • The company had originally projected to produce 500 737s in 2022, but the forecast was lowered to “about 400 liners” in July.
  • Another adjustment to the forecast is due to problems with component supplies.

To summarize the above

No one knows how the stock market will develop; we can only guess, and time will show who was right. With all the trouble, the number of orders will decrease, reducing its income. That said, let’s stress that the stock market situation is not good, and even DIS stock price predictions suffer.

The stock is trading below its all-time high, which means the stock is oversold. Thus, the price will start to recover. The reluctance of management to make concessions to the U.S. government in exchange for financial aid is one indirect evidence that things are not as bad as they seem at the company. According to the website, most analysts and investors agree that once the company solves the underlying problems, the stock will rise quickly.

Company is one of the largest aircraft manufacturing companies in the world, specializing in the production of aircraft equipment. The company was founded in 1916 by William Boeing. Today there are about 12,000 jetliners in operation in the world, which is about 75% of the world’s fleet.

Earlier Boeing Company will pay a fine of $200,000,000 in connection with allegations of misleading investors about the safety of aircraft Boeing 737 MAX, another $1,000,000 will pay former head of the company Dennis Mellenberg. This was announced by the U.S. Securities and Exchange Commission (SEC).