Post by
stockitnow on May 03, 2024 7:40am
Moody upgrade
It's finally happening. Upgrades will attract more investors and more importantly, better rating means lower borrowing cost.
Hopefully this upgrade will get us in the 70's close today. Futures are in the green right now, so chances are good.
Comment by
Shamhorish on May 03, 2024 8:27am
yes sir, the road is clear bbd.b should cross to 70's
Comment by
PabloLafortune on May 03, 2024 10:46am
Bombardier is an important company for the US - they're in an important sector - plus they're pretty darn good at what they do. They're out of the penalty box now - the days of throwing them under the fuselage are over. My thinking about a US listing is that Bombardier had too much debt. Moody's has now put that to rest.