Boeing's Market Value Plunges By $40 billion Unlisted Video
5 years ago
News
Stock Market
Star Alliance
Low-Cost Carriers
Boeing 737 MAX
All Nippon Airways
China Airlines
Morgan Stanley
According to Business Insider, Sunday's crash of a Boeing 737 Max 8 aircraft operated by Ethiopian Airlines continued to pressure Boeing's stock Tuesday, with shares trading down more than 5%. That follows a drop of 5.3% on Monday.
And while the two days of selling have wiped out $26 billion of market value, Boeing shares have been under pressure all month. The stock topped out at $446.39 on March 1, and was under pressure even before Sunday's disaster.
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