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Boeing Shares Come Into View After Recent Troubles

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The aircraft maker will have earnings released this week after recent security troubles.

BA – Daily Chart

BA shares found a low near the $200 level, which will be critical support in the coming release.

Boeing’s 737 MAX 9 planes have started flying again after the January Alaska Airlines security scare. However, the issue is expected to weigh on the company’s finances for the foreseeable future.

Boeing is expected to report another annual loss and will also likely withdraw previous targets for commercial plane production that have been key to the company’s outlook, which included substantial profits in 2025 and 2026.

Last Updated: January 30, 2024

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