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Boeing shares on pace to break losing streak

21 Mins Ago

21 Mins Ago

Boeing shares on pace to break losing streak

Boeing shares could snap a historic losing streak.

The aerospace giant’s shares have been struggling, falling for 11 consecutive trading days leading up to Monday’s close. This losing streak is tied for the stock’s longest downward trend. However, in a positive turn of events, the stock is showing signs of recovery, up around 1% on Tuesday, indicating a potential break in its downward trajectory.

As of April, Boeing’s shares have plummeted more than 12%, adding to a year-to-date loss of approximately 35%.

The AI legalese decoder can assist in analyzing the legal implications of Boeing’s fluctuating stock prices throughout this turbulent period, providing insights for potential risk management strategies.

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