Loading...
Market
What will be the impact on Boeing's stock price due to the strike by the end of 2024?
3
Resolution / Starting Odds
Stock price increases by more than 10% • 25%
Stock price decreases by more than 10% • 25%
Stock price remains within ±10% • 25%
Other • 25%
Stock market data, financial news reports
Story
Boeing Faces Major Strike in Seattle as 33,000 Workers Reject Contract, First in 16 Years
Sep 13, 2024, 02:13 PM
Boeing is facing significant challenges as its largest union, representing 33,000 factory workers in Seattle, has voted overwhelmingly to go on strike after rejecting the company's contract offer. The union argues that Boeing's proposed 25% pay raise is insufficient to keep up with the cost of living. This marks the first strike at Boeing in 16 years, with 96% of workers voting in favor, and is expected to cause further delays in the production of the 737 Max. Kelly Ortberg, Boeing's CEO, is under additional pressure to address this issue amidst other ongoing problems. Mike Boyd, president of Boyd Group International, notes that Ortberg has a lot more on his plate than just the strike.
View original story
Similar markets
Stock price increases • 25%
Stock price decreases • 25%
Stock price remains stable • 25%
Other • 25%
Yes • 50%
No • 50%
Increase by more than 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
Decrease by more than 10% • 25%
Increase by more than 5% • 25%
Increase by less than 5% • 25%
Decrease by less than 5% • 25%
Decrease by more than 5% • 25%
Strike continues • 25%
Strike ends with new contract • 25%
Strike ends without new contract • 25%
Strike ends with partial agreements • 25%
Revenue decreases by more than 10% • 25%
Revenue decreases by 5-10% • 25%
Revenue decreases by less than 5% • 25%
Revenue increases or remains stable • 25%
Increase by more than 5% • 25%
Decrease by more than 5% • 25%
Change by less than 5% • 25%
No significant change • 25%
Increase by more than 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
Decrease by more than 10% • 25%
Increases by more than 10% • 25%
Increases by 5-10% • 25%
Increases by less than 5% • 25%
Decreases • 25%
Strike ends with agreement • 25%
Strike continues into 2025 • 25%
Government intervention • 25%
Other resolution • 25%