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Boeing slides to its lowest level in 13 months after pushing the 737 Max's ungrounding to mid-2020

1 month ago   |   By Business Insider

Boeing shares slumped as much as 5.5% in late Tuesday trading after the company announced its 737 Max won't return to service until at least mid-2020.
The stock tanked to its lowest price since December 2018, wiping out more than $10 billion in market value.
The company's latest estimate for the model's return to service "is informed by our experience to date with the certification process," according to a Tuesday statement .
Watch Boeing trade live here .
Boeing shares tanked as much as 5.5% in late Tuesday trading after the jet manufacturer announced its 737 Max model won't return to...
Read more ...

 

Boeing slides to its lowest level in 13 months after pushing the 737 Max's ungrounding to mid-2020

Boeing slides to its lowest level in 13 months after pushing the 737 Max's ungrounding to mid-2020

1 month ago   |   By Business Insider

Boeing shares slumped as much as 5.5% in late Tuesday trading after the company announced its 737 Max won't return to service until at least mid-2020.
The stock tanked to its lowest price since December 2018, wiping out more than $10 billion in market value.
The company's latest estimate for the model's return to service "is informed by our experience to date with the certification process," according to a Tuesday statement .
Watch Boeing trade live here .
Boeing shares tanked as much as 5.5% in late Tuesday trading after the jet manufacturer announced its 737 Max model won't return to...
Read more ...

 


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