Boeing shares sink almost 9% after latest safety incident

Boeing shares sink almost 9% after latest safety incident
AFP
Monday 8 January 2024 - 16:42

Boeing shares plunged by almost nine percent early Monday, weighing on the Dow after the beleaguered manufacturer was forced to ground some of its 737 MAX fleet when an Alaska Airlines panel blew out mid-flight.

The aviation giant’s woes pushed the Dow into the red by 0.4 percent, while both the S&P 500 and Nasdaq opened the week with modest gains.

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