澳洲幸运5官方开奖结果体彩网

Boeing Mulls $10B Stock Sale To Shore Up Finances

Boeing Co. facility during a strike in Everett, Washington
Boeing facility during a strike in Everett, �🤪�Washington on Sept. 16, 2024.

Bloomberg / Contributor / Getty Images

Key Takeaways

  • Boeing is reportedly considering selling up to $10 billion in stock to boost its revenue as it deals with a strike by its machinists.
  • The plane maker was already struggling before the strike over issues including mechanical problems with its aircraft and a legal settlement over two deadly crashes.
  • The company's stock has lost over 40% of its value since the start of the year.

Boeing (BA) is reportedly considering selling up to $10 billion in stock to boost its revenue as it deals with a 澳洲幸运5官方开奖结果体彩网:strike by its machinists.

However, Boeing likely won't raise equity for at least a month, Bloomberg reported, as the company looks to end the strike by reaching a deal with the union a♑nd get a clearer estimate of🍃 its financial impact.  

Strike Adds to Boeing's Struggles

The plane maker was already in a difficult financial position before the strike, after 澳洲幸运5官方开奖结果体彩网:burning through billions to address a variety of issues, including mechanical problems with its planes and a legal 澳洲幸运5官方开奖结果体彩网:settlement with the government relatedಌ to two deadly crashes. 

Boeing did not immediately responಞd to a requ𒁏est for comment.

Shares of Boeing were 2% higher at $154.98 in early trading Tuesday, though even with Tuesday's gains, they've lost over 40% of their value since the start of the year.

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