Boeing, Air India and Ahmedabad
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Even before today's incident, Boeing investors were in for a long journey. The aerospace company expanded its total debt by more than 400% during the pandemic and still faces government production restrictions on the 737 MAX that limits its cash flow and its ability to pay down that balance.
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TipRanks on MSNBoeing Faces Turbulence: Stock Drops Amid Crash ConcernsBoeing’s stock has experienced a significant decline of 7.90% over the past week, largely due to a tragic crash involving an Air India flight operated by a Boeing 787 Dreamliner
Boeing remains a dominant aerospace player with long-term upside, despite recent crises and compressed financials. Read why we remain bullish on the stock and the turnaround potential.
U.S. stock futures point lower as investors prepare for wholesale inflation data later today, and Boeing shares decline after a 787-8 plane crashed in India. Here's what investors need to know today.