On Tuesday, Boeing
said it did not expect regulatory approval to return to 737 MAX flights before
mid-2020. The company is currently working on updating software for aircraft of
this model. It is believed that the software could play a role in the disasters
that occurred in Ethiopia and Indonesia, which killed 346 people and suspended
737 MAX flights around the world.
👉 Boeing (BA 313.37, -10.78,
-3.3%) shares reacted to the message of the company by a sharp decline -
during the trading session, the securities fell by more than 4%, and at the end
of the trading performance went down by 3.3%. Following Boeing, shares began to
fall in price for the company's key suppliers, including General Electric, and
some US carriers.
❗ The market broke support $320/323 and closed below it – risk of
falling. Nearest support $295.
No comments:
Post a Comment