What's Going On With Boeing Stock? Boeing Stock Faces Strike Turbulence As Potential Credit Downgrade Looms

Benzinga 2024-10-09

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Boeing Chief Operating Officer Stephanie Pope said the company is considering selling $10 billion of new stock to offset the cash hemorrhage.

With S&P Global and Moody's reviewing Boeing's credit rating, a downgrade to junk status may be on the horizon, further complicating its financial future.

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