Boeing Stock: Ready to Turn a Corner?
12 Mai 2022 - 04:11PM
TipRanks
Shares of Boeing (BA) have cratered 38% year-to-date due to
company-specific issues and selling pressure faced by the broader
stock market. The company has been hit with regulatory delays,
ongoing supply chain issues, and feels a strong sense of regret for
taking on an Air Force One contract. The company now faces more
supply chain issues that could impact the Boeing 737 MAX production
and delivery. While the company doesn't expect the parts shortage
to disrupt its full-year plan, one can only take management's word
for it. Undoubtedly, various airlines are getting sick of all the
delays, and eventually, they'll cave and go over to Airbus for
planes.
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