Bombardier Stock Is On the Verge of a New Bull Market
Bombardier Inc (OTCMKTS: BDRBF, TSE: BBD.B) stock has not been for the faint of heart; it has experienced quite the roller coaster ride in recent months. The volatility began when Boeing Co (NYSE: BA) filed a complaint against Bombardier with regards to a deal that Bombardier had made with Delta Air Lines, Inc. (NYSE: DAL) regarding their "C-series" jets.
The International Trade Commission (ITC), which is a U.S. agency, responded in September by levying a 220% tariff on the cost of these jets. The news of this tariff caused the BBD.B stock price to plummet.
This news.
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Bombardier Inc (OTCMKTS: BDRBF, TSE: BBD.B) stock has not been for the faint of heart; it has experienced quite the roller coaster ride in recent months. The volatility began when Boeing Co (NYSE: BA) filed a complaint against Bombardier with regards to a deal that Bombardier had made with Delta Air Lines, Inc. (NYSE: DAL) regarding their "C-series" jets.
The International Trade Commission (ITC), which is a U.S. agency, responded in September by levying a 220% tariff on the cost of these jets. The news of this tariff caused the BBD.B stock price to plummet.
This news.
Den vollständigen Artikel lesen ...