Boeing Just Lost $10 a Share -- and It Wasn't All Because of the Strike
BoeingBoeing(US:BA) The Motley Fool·2024-11-09 12:07

Boeing lost a bundle in Q3. And yes, that's a good reason not to buy Boeing stock.It's finally over. On Monday, by a vote of 59% for and 41% against, the International Association of Machinists (IAM) voted to accept a new four-year contract from Boeing (BA 0.46%). Under the terms of the new contract, IAM members will see wages rise 38% over the next four years, receive higher 401(k) matching funds (but no reinstatement of the company pension), and pay lower healthcare premiums. Most importantly, after 54 da ...

Boeing Just Lost $10 a Share -- and It Wasn't All Because of the Strike - Reportify