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csturdiv
Posts: 1593
Joined: Wed Aug 31, 2005 10:33 am

Boeing Stock Surges Today

Thu Jun 15, 2006 9:53 am

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 from the ORD area living and working in SYD
 
DfwRevolution
Posts: 8549
Joined: Sat Jan 09, 2010 7:31 pm

RE: Boeing Stock Surges Today

Thu Jun 15, 2006 10:27 am

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.
 
aerostar
Posts: 15
Joined: Sat Nov 26, 2005 1:23 pm

RE: Boeing Stock Surges Today

Thu Jun 15, 2006 10:59 am

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

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