Since the stock is likely to remain under pressure, investors should focus on hedging their shares if they are not interested in selling them.
In Ethiopia, in a dark dirt field just outside Addis Ababa, the belongings of those who died on Ethiopian Airlines Flight 302 have been pushed into a pile. There is much sorrow in the pictures that have been published by media organizations, yet some investors aren’t focused on the tragedy of the doomed flight but on the stock price of Boeing , which made the 737 MAX 8 jet that crashed.
Boeing’s stock is now priced at far more attractive levels than it was just a week ago, though of course the risk profile of the stock is markedly different after the crash. After China, Indonesia, Australia, Singapore, the United Kingdom, and Canada banned the jet, President Donald Trump announced on Wednesday that the Federal Aviation Administration would ground Boeing’s 737 MAX planes in the U.S.
To be sure, it is impossible to know what happens next. Boeing stock is weak and it is difficult to anticipate what happens tomorrow, or even in six months, while the crashes are under investigation. During the past 52 weeks, the stock has ranged from $294.16 to $440.62. var mobBreakpoint=661; addMobClassToRelatedInset; whenAvailable { $.resize { addMobClassToRelatedInset; }); function defer { if !==null) { method; } else { setTimeout { defer }, 100); } } defer { var curr_article_SBID=document.querySelector.getAttribute; var inputs=document.getElementsByClassName; for ) { targetEl.classList.remove; } }; function getWidth { var width=0; var w=window, d=document, e=d.documentElement, g=d.getElementsByTagName[0], x=w.innerWidth || e.clientWidth || g.
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