DOG broke through a new high of $0.00698, with a 24-hour increase of 28.69%
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Boeing plunges! 737 production target delayed until next year, free cash flow guidance significantly below market expectations | Earnings Report Update
Boeing’s CEO stated on Tuesday that the company's goal of producing 47 aircraft per month for its 737 series will be delayed until early 2027, which is significantly later than previously expected. The company anticipates about $3 billion in free cash flow next year and around $6 billion in 2028, both well below market expectations of $5.6 billion and $9.6 billion, respectively. Boeing adjusted a third-quarter loss per share of $0.34, worse than the market's forecasted $0.21 loss per share. Boeing shares fell 10% on Tuesday.
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