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Boeing Stock Jumps 3% At Session Start On Monday, Outperforms Market

ViaNews Editorial Team

December 7, 2020

Boeing Stock Jumps 3%  At Session Start On Monday, Outperforms Market
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Shares of Boeing jumped 3.45% to $240.75 at 10:21 EST on Monday, after three sequential sessions in a row of gains. The New York Stock Exchange is jumping 1.41% to $14,417.30, after four consecutive sessions in a row of gains, on what at the moment seems, an all-around positive trend trading session today. Boeing's last close was $237.20, 47.21% below its 52-week high of $354.40.

Boeing's Sales

Boeing's sales growth is a negative 8.2% for the present quarter and 0.9% for the next. The company's growth estimates for the current quarter and the next is 58.8% and 75.3%, respectively.

Boeing's Revenue

Year-on-year quarterly revenue growth declined by 29.2%, now sitting on 60.76B for the twelve trailing months.

Boeing's Stock Top and Bottom Yearly Value

Boeing's stock is valued at $240.75 at 10:21 EST, way below its 52-week high of $354.40 and way higher than its 52-week low of $89.00.

Boeing's Moving Average

Boeing's value is way higher than its 50-day moving average of $182.17 and way higher than its 200-day moving average of $173.73.

Previous days news about Boeing

Boeing mulls equity sale, plans new cut to 787 dreamliner output. According to Bloomberg Quint on Fri Dec 4, "Boeing Co. is studying an equity sale and other ways to ease a debt burden that has soared to $61 billion this year amid the worst slump in aviation history."
ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.