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-0.00103312900337473 0.000826503202699942 0.00482126868241626 0.00544114608444122 0.00309938701012478 0.00309938701012478 0.00309938701012478 0.00309938701012478
Stock impact report

Too Many Questions Plague Boeing (BA) Stock [Yahoo! Finance News]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
The one company heading into the coronavirus outbreak in a bad position was Boeing BAWeakened CustomersDespite all of the problems with the 737 Max and questions of when the airline could finally delivery 100s of parked aircraft, Boeing still had nearly unlimited demand for airplanes due to global travel demand. The company started the year with $10 billion of cash on their balance sheet and a large order book to survive their self-inflicted problems.The company currently has 5,350 outstanding orders with 4,350 for the 737 Max after facing 41 cancellations in February. Almost every customer in the world is facing a scenario with lower demand and questions regarding funding to where cancelling 737 Max orders is potentially the best option to preserve short-term cash.For this reason, Boeing has quickly gone from having a massive backlog securing years of production growth to one where a lot of uncertainty exists regarding the end demand for new airplanes. Remember, the company still has Show less Read more
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