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Boeing Stock: Forecast Darkens as BA Plunges Toward 5-Month Low

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By CCN: If you thought things couldn’t get any worse for Boeing stock (BA), you were very, very wrong. After weeks of constant scrutiny, the aerospace giant’s 737 MAX aircraft has suffered another brutal setback, and it sent the Dow’s largest component careening toward a five-month low. Boeing Stock Bears Brunt of 737’s Safety Failures The Federal Aviation Administration triggered the latest sell-off when it revealed that more than 300 Boeing 737 planes could have faulty parts installed. The downturn weighed heavy on the embattled Dow Jones Industrial Average. By early afternoon on Monday, BA shares had dropped 1.3% to

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