Will Boeing Need a Bailout? (Video)
Will Boeing Need a Bailout? Video by Wall St for Main St
Boeing (NYSE:BA) has been in the news a lot lately and none of the reasons have been good. In many ways, Boeing exemplifies everything that is wrong with Corporate America and the US today and Boeing is now reminding people of GE Capital and Government Motors before they required bailouts by the US government.
The stock is down approximately 30% since it hit $440/share on February 25, 2019 11 months ago. However, since President Trump started to lead in the polls shares of Boeing at one point quadrupled in price with no fundamental reason. Boeing’s fundamentals and its balance sheet have actually been getting worse the last few years.