64% of union workers voted to rejected Boeing’s (BA) latest labor contract proposal, prolonging the International Association of Machinists and Aerospace Workers’ (IMA) strike that began in September. The aircraft manufacturer also reported third quarter results on Wednesday, revealing a $6 billion net loss for the quarter, which includes a $2 billion loss in its aerospace and defense programs.
Market Domination hosts Julie Hyman and Josh Lipton monitor Boeing’s stock as it ticks down on Thursday.
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