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Benzinga

Business

Mark Putrino

Stock Of The Day: New Downtrend For Boeing?

Boeing Company British Airways

Moscow,,Russia,-,Circa,August,,2015:,Boeing,Company,Lettering,Logo

The Boeing Company (NYSE:BA) is trending lower Thursday. This comes after the company reported its earnings Tuesday. At first, investors liked what they heard and the stock rallied. But it quickly reversed and is now much lower.

There is a good chance this downtrend continues. This is why Boeing is our Stock of the Day.

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