Put Traders Blast Boeing Stock After 737 MAX Incident

Boeing Co (NYSE:BA) stock was last seen down 8.9% at $226.73 and dragging the Dow Jones Industrial Average (DJI) lower, after the U.S Federal Aviation Administration (FAA) temporarily grounded some 737 MAX 9 jets that are fitted with a panel that flew off during an Alaska Air Group (ALK) flight. Airline stocks are struggling as a result, after cancelling over 200 flights.The equity is trading at its lowest level in more than one month, and eyeing its worst single-day percentage drop since May 202. Shares co ...