Airbus Stock Sinks After Delay

After announcing on June 14, 2006 a six-month delay for the Airbus 380, Airbus parent EADS (EAD.PA) dropped 26%. Even though the stock was already on the downside due to previous delays, many investors, not liking negative surprises, dumped their shares. The stock has since rebounded but be cautious. Avoid this stock.

Posted July 5, 2006.

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