Boeing today is trading at $145.98, it went up with $4.98 from $145.98.
This is mainly because Lazard Ltd has come to Boeing rescue in managing its debt. Lazard Ltd has bolstered its senior restructuring team as it seeks to win business from companies struggling to stay afloat in the midst of the economic turbulence caused by the global coronavirus pandemic. The U. S invest bank had created a new London-based role for former Skadden Arps Slate Meagher & Flom partner, Chris Mallon, to join as a senior adviser to its global restructuring practice.
Lazard Ltd noted that it will be working with a range of companies to help them assess the impact of coronavirus and to think through their business plans and liquidity positions," Burlison said."It's not just about restructuring," Burlison said. "Ultimately companies across sectors want to ensure that they're doing everything they can to protect their businesses."