Previous close | 6.62 |
Open | 5.70 |
Bid | 5.70 |
Ask | 5.90 |
Strike | 205.00 |
Expiry date | 2024-11-15 |
Day's range | 5.70 - 5.70 |
Contract range | N/A |
Volume | |
Open interest | 633 |
Embattled Boeing CEO Dave Calhoun testified in front of the Senate Permanent Subcommittee on Investigations (PSI), where a bipartisan group of senators took him to task over a string of safety lapses, and alleged wrongdoing.
Boeing's (BA) outgoing CEO Dave Calhoun prepares to testify before a Senate panel on Tuesday, addressing the aerospace giant's safety culture. OAG Senior Analyst John Grant joins Catalysts to dissect the latest developments for the company. Grant's says "it's not [going to] look good" for Calhoun on Capitol Hill today. He anticipates that whistleblowers will come to the forefront, and this battle is far from over for the airline manufacturer, dubbing it "a long-running PR disaster." Grant emphasizes that for the airline to recover, "a lot of it is just about being open and being honest," cultivating a culture where employees and customers can simply trust them. Turning to the matter of Calhoun's successor, Grant suggests Boeing is "looking for someone who has been engrained and is well-respected within the industry. Someone with an engineering background with a high degree of competency in the avionics and the production sector." Watch Yahoo Finance's latest coverage on what to expect from Calhoun's testimony and the Department of Justice's (DOJ) investigation into Boeing. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith.
Nvidia passes Microsoft to become the largest company by market value, analysts raise their price targets on shares of Micron Technology, and Tesla falls following the bankruptcy filing of electric-vehicle start-up Fisker.