Boeing stock plummets 8% as new Covid-19 variant limits travel in Europe and Asia


Source: finbold.com finbold.com

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A new Covid version has caused additional travel restrictions in various European and Asian nations, prompting a sell-off in Boeing (NYSE: BA ), airlines, and other travel-related businesses on Friday, November 26. There have been additional Covid-19 variations found, and the latest limitations show how rapidly authorities may restrict travel. BA had experienced positive sentiment around the business with its stock performance , and in recent weeks, airlines and aircraft makers such as Boeing have expressed optimism about a revival in travel demand, especially after the United States removed entrance restrictions earlier this month. Nevertheless, Boeing shares were down as...