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Originally Posted by Munson
Glad I sold off my Boeing stock about a year ago when it was nearly $370.
I think it'll drop below $100 by the end of the week.
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Possible layoffs and dividend cut for Boeing.
How low will the stock go? $50 per share?
Quote:
https://finance.yahoo.com/news/stock...221910855.html
The aerospace giant has been hit hard by the coronavirus’ impact on demand, and the fiasco that still dogs its flagship 737 MAX plane. The Wall Street Journal is reporting that Boeing (BA) is now weighing possibly cutting its dividend and laying off workers as the coronavirus pandemic hits home.
The stock, which is down more than 75% from its 52 week highs, is down over 2% in midday dealings, trading under $100 per share.
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