Boeing Reports Earnings This Week: 4 Questions Surrounding Its Stock Right Now
It's been a tough 18 months for Boeing (NYSE: BA) investors, with the stock hit first by the March 2019 grounding of the 737 MAX after a pair of fatal accidents and, more recently, by the COVID-19 pandemic.
Shares of Boeing have lost about half of their value so far in 2020 as airlines brace for a prolonged period of weakness brought on by the pandemic by cutting costs and trimming their fleets.
We know Boeing's second-quarter earnings, scheduled to be released before markets open on July 29, are going to be ugly. But there is a lot we don't know about how well the company is holding up through the pandemic, and how management is preparing for the future. Those are issues investors have a lot of curiosity about.
Source Fool.com