Boeing is moved by worker relations

Note: This section contains information in English only.
Source: Dukascopy Bank SA


At the start of the year, the stock price of Boeing plummeted as the firm had issues with safety compliance that resulted in stopped production, checks and eventually even the US Congress got involved. However, the situation calmed, and the stock started to recover from May up to early August.

In early August, more bad news came, as issues with the firm's labour union occurred. Namely, workers started to make demands, among which were pay increases, keeping production at certain locations. Since then, the stock price appears to be reacting to the fundamental news.

Good news about the labour talks cause a short term recovery, which appear to be erased as soon as the labour union denies an offer made by Boeing.

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