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Salil Mehta
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  • Minimal Risk To Boeing On Monday 0 comments
    Jul 13, 2013 3:04 PM | about stocks: BA

    Worth noting that Boeing (BA) has not fallen 5% or more in over a year. This is an egregious $4 billion reaction to smoke on the crown of a parked plane. With the longer history of the company and macroeconomy taken into account, there is a strong likelihood this news event will have a strong positive bias on the stock price this Monday. Though the most likely case is still -and as we generally see with Boeing in particular- a minimal impact from the incident.

    Stocks: BA
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