Boeing Stock Drops as Deadly South Korean Crash Marks Latest Setback
Boeing(BA) Investopedia·2024-12-30 12:10
KEY TAKEAWAYSBoeing shares are falling in premarket trading Monday after a 737-800 operated by South Korea's Jeju Air crashed and killed 179 people, in the latest accident involving one of the U.S. company's planes. Shares of Jeju Air, a budget carrier set up in 2005, closed nearly 9% lower at an all-time low in Seoul trading Monday.Boeing, whose shares are down 30% this year, has been battling a series of aircraft quality problems as well as a cash drain following a nearly two-month strike by its union mac ...