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MARKETS LIVE BLOG:

STOCKS SHED GAINS, TESLA SURGES DAY AFTER EARNINGS

Tesla shares jump after EV maker vows to speed up launch of more affordable models

Why Embraer Shares Fell in November

Lou Whiteman, The Motley Fool
·2 min read
Why Embraer Shares Fell in November

The military arm of aerospace manufacturer Embraer (NYSE: ERJ) suffered a setback at the hands of the Brazilian Air Force, and the stock traded down as a result. Shares of Embraer lost 12.7% in November, according to data from S&P Global Market Intelligence, on investor concerns that the company will have a hard time backfilling the lost orders. Embraer, a Brazil-based manufacturer of commercial jets and military equipment, has long had close ties with its home government.

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