From Financial Modeling Prep: 2024-10-01 10:39:00

Boeing’s stock fell 1% after reports of a potential $10 billion stock offering. The company is exploring options with advisors, but any decision is at least a month away due to ongoing worker strikes. If the offering goes through, it would be the largest since Saudi Aramco’s $12.3 billion sale.

The strike, now in its third week, has workers rejecting pay proposals and straining Boeing’s finances. Chief Financial Officer Brian West fears supply chain issues may worsen. Despite offering a 30% pay increase over four years, workers rejected Boeing’s “best and final” offer, criticizing the lack of negotiation.



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