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Boeing Stock Sees New Stake from Bank of Nova Scotia Amid Ongoing Institutional Interest

Guavy AI Editorial Team
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BA
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Bank of Nova Scotia has acquired a new stake in The Boeing Company's shares, purchasing 221,835 shares valued at approximately $48.043 million in the second quarter.

This is not the only recent development in institutional investors' holdings of Boeing stock. Vanguard Group Inc., for example, increased its position by 5.1% during the fourth quarter and now owns 70,989,438 shares worth around $15.413 billion.

The company's latest quarterly earnings report showed a loss per share of $0.76, missing analysts' estimates of a loss of $0.34. Revenue for the quarter was $24.56 billion, slightly higher than expected at $24.26 billion.

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