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I think Boeing should rethink their strategy. How are their Stockprices not at the bottom of the ocean yet? Cutting so many corners and risking so many lifes should not be legal. This should definitely be prosecuted. Either ban all the current executives or ban the planes.
That's what I don't get, their stock goes down for a while but then people think it's a good time to buy and it goes back up. Like it doesn't affect them at all. Casually kill 400 people and barely anything happens.
Every time there's a bad-news dip in Boeing's stock price, traders are treating that as a discount to buy the stock because they don't think the US government would ever allow Boeing to fail. Sadly, they're probably not wrong. If Boeing's financials get into deep trouble the US government would likely bail them out because they're a large employer and a strategic component of US economic hegemony.
Not to mention, they build a lot of the toys the military plays with.
The stock market is pretty damn efficient at processing all the information related to the stock price. Stock goes up because realistically Boeing isn’t going anywhere.
They are still going to make money.