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Boeing Attracts New Investment Amid Revenue Growth

Guavy AI Editorial Team
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BA
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Wealthfront Advisers LLC has made a significant investment in Boeing Company, purchasing 80,197 shares of its stock valued at approximately $17.36 million.

This is not the only new stake acquired by institutional investors and hedge funds; several others have also modified their holdings of the stock.

Boeing's quarterly revenue was up 8% year over year to $24.56 billion, but the company missed the consensus EPS estimate in its second-quarter earnings report.

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