I have just gotten into watching stocks and I am perplexed that Boeing’s stock is green with all the bad press they have been getting. I would think subpar plane quality and the mysterious death of a whistleblower testifying against them would be enough to tank the stock.
In: Economics
The green jump you see is quite literally from folks saying “oh they killed a whistleblower? Well it can’t go any lower than that I gotta get in on this” and buying some of the stock.
Boeing will not go away, they still have a giant portion of the market share for commercial transport aircraft and other aircraft sales. It’d be like having Ford, Toyota, and Hyundai all evaporate at once and a lot of folks still being like “I ain’t buying no Chevy”
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