Why is Boeing’s stock green today?

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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

11 Answers

Anonymous 0 Comments

All the information you’re talking about is well known publicly and fully factored into yesterday’s price. If people believe there’s substantially more bad news to come, then they may have a negative view of the company and the value of its stock. But if they think all the bad news is out, then they may view current prices as a buying opportunity because they believe the stock is undervalued. It’s always hard to tell what the psychology of the market actually is, especially with respect to a particular company or stock.

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