Advertisement
Singapore markets close in 4 hours 31 minutes
  • Straits Times Index

    3,168.93
    -18.73 (-0.59%)
     
  • Nikkei

    37,138.52
    -941.18 (-2.47%)
     
  • Hang Seng

    16,184.02
    -201.85 (-1.23%)
     
  • FTSE 100

    7,877.05
    +29.06 (+0.37%)
     
  • Bitcoin USD

    62,232.26
    +229.02 (+0.37%)
     
  • CMC Crypto 200

    1,287.47
    +401.94 (+44.19%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • Dow

    37,775.38
    +22.07 (+0.06%)
     
  • Nasdaq

    15,601.50
    -81.87 (-0.52%)
     
  • Gold

    2,403.20
    +5.20 (+0.22%)
     
  • Crude Oil

    84.70
    +1.97 (+2.38%)
     
  • 10-Yr Bond

    4.6470
    +0.0620 (+1.35%)
     
  • FTSE Bursa Malaysia

    1,550.12
    +5.36 (+0.35%)
     
  • Jakarta Composite Index

    7,056.72
    -110.09 (-1.54%)
     
  • PSE Index

    6,411.73
    -111.46 (-1.71%)
     

Why Embraer Stock Popped 15% This Morning

Why Embraer Stock Popped 15% This Morning

By its very nature, bankruptcy tends to imply a lack of cash with which to buy new airplanes -- and that's not great news for Embraer. Don't those promise the prospect that Embraer will get bought out, and investors will be paid a premium for the privilege of selling their shares?