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Market Chatter: Boeing Considers $10 Billion Stock Sale as Strike Impact Deepens
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Market Chatter: Boeing Considers $10 Billion Stock Sale as Strike Impact Deepens
Oct 2, 2024 10:03 PM

07:00 AM EDT, 10/01/2024 (MT Newswires) -- Boeing ( BA ) is considering raising at least $10 billion by selling new stock amid a current strike involving 33,000 workers, Bloomberg reported Tuesday, citing unnamed sources familiar with the discussions.

Sources said the company is consulting with its advisers to explore its options, according to the report. They also said raising equity isn't likely to happen for at least a month, assuming the company can resolve the strike.

There is no final decision yet on the timing and the amount and the company could decide against the move, Bloomberg said.

Boeing ( BA ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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