Boeing's stock fails to hold gains after strike ends, but bonds are holding up
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Boeing's stock initially gained after the end of a 53-day strike but failed to maintain those gains. However, Boeing's bonds are performing well, with spreads tightening.
November 05, 2024 | 4:45 pm
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Boeing's stock initially rose after a 53-day strike ended but failed to sustain the gains. Meanwhile, Boeing's bonds are performing well, with spreads tightening.
The end of the strike initially boosted Boeing's stock, but the gains were not sustained, indicating mixed investor sentiment. However, the tightening of bond spreads suggests confidence in Boeing's creditworthiness.
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