Previous close | 0.6700 |
Open | 0.5800 |
Bid | 0.6300 |
Ask | 0.7000 |
Strike | 170.00 |
Expiry date | 2023-10-20 |
Day's range | 0.4000 - 0.6800 |
Contract range | N/A |
Volume | |
Open interest | 4.34k |
The two aerospace giants are battling challenging conditions in the near term, but they look a decent long-term value.
Boeing plans to push production of its bestselling 737 narrowbody jet to a record of at least 57 per month by July 2025, reflecting rising orders and the company's recovery after the 737 MAX crisis, according to two sources with knowledge of the matter. Both Boeing and its European rival Airbus have laid out ambitious ramp-up goals as air travel and aircraft sales rebound, with Airbus producing in-demand single aisle planes even faster than the U.S. planemaker. Boeing laid out the plan in the latest version of its master schedule for suppliers, which was reaffirmed by the planemaker in mid-September, the sources told Reuters on condition of anonymity because the document is not public.
The Dow Jones Industrial Average (DJINDICES: ^DJI) has missed out on the broad-market rally this year as tech stocks have surged amid excitement around artificial intelligence and a rebound from last year's sharp sell-off. Let's take a look at the three worst-performing Dow stocks in September to see if any of them offer attractive buying opportunities. Boeing (NYSE: BA) has been plagued by a host of problems in recent years, including two crashes and fraud accusations related to its 737 MAX jet, delays in the production of the 787 Dreamliner, and ongoing market share losses to Airbus.