From Dow Jones & Company:

Boeing shares drop as FAA grounds 171 737-9 Max planes after panel blows out of Alaska Airlines jet. Shares fell 8% in premarket trade, despite 19% gains over the last year.

This news is likely to impact Boeing’s stock and raise concerns about the safety of the 737-9 Max planes. The FAA’s decision to ground 171 planes comes after a panel blew out of an Alaska Airlines jet, causing a significant drop in Boeing shares. With shares falling 8% in premarket trade, the company will face scrutiny and potential financial repercussions. This incident could also spark concerns among travelers about the safety of the 737-9 Max planes.



Read more: Boeing shares tumble after window panel blowout