RE:Boeing strike/SpiritProbably not. This stock has seen more greens then red for a good month. I would chalk it up to profit taking.
The longer the strike at Boeing and Textron the better for bbd. More suppliers will put priorities to bombardier demand. This sets up nicely for bombardier to meet Q4 targets and Q1 2025.
The three major bbd stock movement now will be news coming out of NBAA (More product/support news), November 5th US election, and November 7th Q report. We might see some blips when US feds make rate changes as well.
US elections is a coin toss. Trump win will be good for business and will benefit Bombardier. But he has lots of baggage and distracted easily. Harris win brings stability and predictability but business might see tax implications.
Truthifest wrote: I wonder if the headlines are spooking some BBD investors, as the stock is down on sizeable volume. Opportunity?