Diamonds and Dogs
Railroads One Airplanes Nothing
Our diamond today is Genesee Wyoming Railroad (GWR) which rallied over 8% after word that they would be bought by Brookfield Asset Management. Dog of the day, again, is Boeing, whcih dropped over $7 after the Feds started looking at quality control issues at their Dreamliner plant in addition to the issues with the 737 MAX. Out with the new and in witht the old.
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