Things just went from bad to worse for Boeing, and they don’t look much rosier for the Dow heading into Tuesday’s afternoon trading session. Boeing Drags Down Dow as 737 MAX Orders Drop to Zero The beleaguered aviation giant’s stock – the largest component in the DJIA – is sliding again as demand for the grounded 737 MAX jet has cratered. According to MarketWatch, 737 deliveries also plunged 49% between Q4 2018 and Q1 2019. “Deliveries of 737 aircraft fell to 89 in the latest quarter, a 49% drop from fourth-quarter deliveries of 173, and about a third of last
The post Dow Slides 175 Points as Boeing 737 Deliveries Plummet 49% appeared first on CCN
* First published on ccn.com