What Investors Found to Like in Boeing’s Tea Leaves
Is an embattled Boeing performing above or below forecasts? The Virginia-based plane maker confirmed Tuesday that revenues shrank 31% in the fourth quarter of 2024 from a year earlier, and that free cash flow was negative $4.1 billion. This reflected a machinist strike, capping another horrible year that included another accident on a Boeing 737 MAX, the company’s Starliner spacecraft leaving astronauts stranded and a change in chief executive.
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