{"id":6789,"date":"2019-03-18T15:31:18","date_gmt":"2019-03-18T15:31:18","guid":{"rendered":"https:\/\/www.wasteyourtime.co\/?p=6789"},"modified":"2019-09-06T22:41:28","modified_gmt":"2019-09-06T21:41:28","slug":"boeing-shares-fall","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2019\/03\/boeing-shares-fall\/","title":{"rendered":"Boeing shares fall faster than their jets"},"content":{"rendered":"

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3 min read<\/span><\/i><\/p>\n

\"Boeing
\nThe Boeing shares marked significant down since the March 10 crash.<\/span><\/p>\n

One of its most profitable lines, the 737 Max 8 recorded the second crash of a 737 in less than five months.<\/span><\/p>\n

Boeing (NYSE:BA) Co shares dropped by more than 2,2% early on Monday. It happened after a pair of newspaper reports asked more questions about the certification process for its 737 MAX jets before two recent fatal crashes.<\/span><\/p>\n

A Wall Street Journal report on Sunday said that the U.S. Transportation Department was examining the Federal Aviation Administration’s (FAA) approval of the 737 MAX. In particular its anti-stall (MCAS) system.<\/span><\/p>\n

According to “Refinitiv” data,\u00a0 Boeing shares\u00a0have declined by about 10% since March 10. Accidents of its aircraft drained nearly $25 billion off its market capitalization.<\/span><\/p>\n

Investors started selling Boeing shares Monday morning after the deadly crash of Ethiopian Airlines flight.<\/span><\/p>\n

The stock dropped nearly 13% in trading since the crash.<\/span><\/p>\n

It is obvious that Boeing is in crisis. <\/span><\/p>\n

\"Boeing<\/p>\n

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