Presidential post

Trump attacks Boeing Air Force One costs — shares slide

When: 06 Dec 2016 Confidence: Pending Review Market window: ±nulld ⇄ Cascade map

Dec 6, 2016: hours into the trading day, president-elect Trump tweeted that Boeing's Air Force One program was "out of control" and should be cancelled. Boeing (BA) fell about 1% to an intraday low of ~$149.75 — roughly a $1.48B market-cap hit — then recovered by the afternoon. A single post moved a major defense contractor's stock before the company had even responded. (Sources: CNBC, NBC News, Fortune — Dec 6, 2016.)

Source: https://www.cnbc.com/2016/12/06/boeing-shares-slide-after-trump-says-air-force-ones-cost-out-of-control.html

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