Boeing was a buy for Soros fund, but Tepper's Appaloosa just dumped it
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David Tepper's Appaloosa has sold its stake in Boeing Co., while Soros Fund Management has decided to buy shares in the company, according to recent securities filings.

November 14, 2024 | 10:30 pm
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Appaloosa has sold its stake in Boeing, while Soros Fund Management has bought shares, indicating differing views on the company's prospects.
The sale by Appaloosa could indicate a lack of confidence in Boeing's short-term prospects, potentially putting downward pressure on the stock. However, Soros Fund Management's purchase suggests optimism, which could counterbalance the negative sentiment. The net impact on Boeing's stock price is uncertain, leading to a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100