Stock Market: BA Stock

  • Stock Market: BA Stock

    Shares of aerospace gigantic Boeing (BA) are among the highest-profile targets these days

    Why Boeing Stock Was Down Greater than 5% Today Shares of aerospace giant Boeing (BA -2.39%) are amongst the highest-profile victims of today’s sell-off on the current escalation of Russia’s relocations against Ukraine. Since 2:05 p.m. ET Tuesday, BA stock was down 5.2%, approximately 3 times the loss of the S&P 500 all at once. Why would a full-blown Russian intrusion of Ukraine be bad news for Boeing? For one thing, it can disrupt products of Russian titanium that Boeing needs to build its aircrafts. Judging from previous remarks by the firm, Boeing spends approximately $9 billion every ten years on Russian titanium. But the U.S. has currently begun enforcing…

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