Boeing stock drops as DoJ determines violation of DPA settlement By Investing.com

From Investing.com: 2024-05-15 04:35:06

The U.S. Justice Department accuses Boeing of breaching its obligations under a 2021 agreement following fatal crashes involving the 737 MAX. Boeing’s failure to implement an effective compliance program led to the DOJ’s decision. The company’s shares dropped 1.5% in premarket trading as analysts anticipate potential fines and extended review period. A recent incident involving a panel detachment on a Boeing 737 MAX 9 raised concerns about ongoing safety issues.



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