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baccarattalleyrand| Boeing fell 2.2% Moody's downgraded Boeing's credit rating to Baa3

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Gelonghui April 25| Boeing (BAbaccarattalleyrand.US) fell 2.23%, hitting a low of US$159.7, the lowest since November 2022. On the news front, Moody's ratings put BoeingbaccarattalleyrandIts credit rating was downgraded from Baa2 to Baa3, only one notch above "junk" and gave a negative rating outlook. Moody's predicts that Boeing will face financial difficulties in the next few years. Free cash flow will not reach the level previously expected by Moody's. Boeing may need to issue new debt to deal with the problem of insufficient cash flow. Boeing's commercial aircraft division is facing unfavorable factors will last until at least 2026. In addition, rating agency Standard & Poor's Worldwide has adjusted Boeing's rating outlook from "stable" to "negative".

baccarattalleyrand| Boeing fell 2.2% Moody's downgraded Boeing's credit rating to Baa3