Boeing Shares Rise Nearly 3% In Pre-Market After Tentative Deal With Workers' Union To Avert September 13 Strike
Portfolio Pulse from Benzinga Neuro
Boeing's shares rose nearly 3% in pre-market trading after reaching a tentative agreement with its workers' union, potentially averting a strike. The deal includes a 25% wage increase and a commitment to build the next commercial airplane in Seattle, marking a significant win for CEO Kelly Ortberg. The agreement awaits approval by Boeing factory workers.
September 09, 2024 | 10:01 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Boeing's shares increased by 2.94% in pre-market trading due to a tentative agreement with its workers' union, potentially preventing a strike. The deal includes a 25% wage increase and a commitment to build the next commercial airplane in Seattle.
The tentative agreement with the union is a positive development for Boeing, as it prevents a potential strike that could disrupt operations. The stock's pre-market rise reflects investor optimism about the deal's impact on Boeing's stability and future projects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100