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Alaska cut Boeing shares, Oregon boosted theirs; Boeing lost $7.47/share in Q3 despite revenue growth.
The State of Alaska reduced its Boeing stake by 4.3% in Q3, while Oregon’s public retirement fund increased its holding by 32.9%.
Boeing posted a $7.47 per share loss in Q3, missing estimates, though revenue rose 30.4% to $23.27 billion.
The company’s stock traded around $227.22 with a market cap of $172.7 billion and a negative P/E ratio.
Analysts maintain a "Moderate Buy" consensus with a $235.33 target.
Insider activity included Representative David Rouzer selling shares and executives making trades.
Boeing, founded in 1916, operates in commercial, defense, space, and services sectors.
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Alaska recortó las acciones de Boeing, Oregon aumentó las suyas; Boeing perdió $7.47/acción en el tercer trimestre a pesar del crecimiento de los ingresos.