From Dow Jones & Company:

Boeing’s stock dropped 1% after the company warned of possible loose bolts in its 737 Max jets. The FAA is closely monitoring the inspections, urging airlines and operators to inspect specific tie rods that control rudder movement for loose hardware. Boeing assured that the identified issue has been fixed, but recommended inspections as a precaution. The inspections, taking about two hours per plane, were prompted after a missing nut was discovered during routine maintenance. Despite previous safety concerns, these issues do not pose immediate flight risks. Shares of Boeing have increased by 36% this year.



Read more: Boeing’s stock drops 1% after company urges inspections on 737 Max planes