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Boeing Stock Surges Today  
User currently offlineCsturdiv From Australia, joined Aug 2005, 1491 posts, RR: 3
Posted (8 years 4 months 1 week 6 days 20 hours ago) and read 1883 times:

Today (6/14) Boeing's stock rose over $5 on the NYSE. What was the cause for this? Was it only the SQ 787-9 announcement or was it a combination of several factors? In the past, how has Boeing's stock reacted when purchase announcements were made? How did it react when QF made their 787 announcement (which was the biggest announcement so far, right?)?

Craig


An American expat living and working in Australia
2 replies: All unread, jump to last
 
User currently offlineDfwRevolution From United States of America, joined Jan 2010, 984 posts, RR: 51
Reply 1, posted (8 years 4 months 1 week 6 days 19 hours ago) and read 1841 times:

Quoting Csturdiv (Thread starter):
Today (6/14) Boeing's stock rose over $5 on the NYSE. What was the cause for this? Was it only the SQ 787-9 announcement or was it a combination of several factors?

Terrible news from competitor + Great internal news = stock surge

Shouldn't have sold in the 70s...

Quoting Csturdiv (Thread starter):
How did it react when QF made their 787 announcement (which was the biggest announcement so far, right?)?

The QF announcement was not the biggest in Boeing's history. The order was only for 40 frames, with options up to +100 frames.

The ANA launch order was larger.


User currently offlineAerostar From United States of America, joined Nov 2005, 15 posts, RR: 0
Reply 2, posted (8 years 4 months 1 week 6 days 19 hours ago) and read 1784 times:

just picked up a few stocks for $77 yesterday, so the $5 surge was a pleasent surprise today  Smile

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