Why Embraer Shares Fell in November

Lou Whiteman, The Motley Fool

6 December 2021 at 5:37 pm·2-min read

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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