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Boeing shares plunge on coronavirus, 737 MAX wiring bundle setback | Reuters
Source: By Steve Lynes from Sandshurst, United Kingdom - EGLF - Boeing 737 Max - N120IS, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=70921259

Boeing shares plunge on coronavirus, 737 MAX wiring bundle setback | Reuters

Boeing shares have dropped by over 12% as of Monday following the increasing spread of the coronavirus and a wiring bundle issue with the grounded 737 MAX aircraft. U.S. regulators have recently disagreed with Boeing on the safety of the wiring bundle after multiple aircraft crashes led the company to ground the jet. Shares have not been this low since 2017, currently sitting at $229.12. The new CEO, Dave Calhoun, also had to apologize to senior staff members after slamming the prior CEO and leadership in an interview.

Source: https://www.reuters.com/article/us-boeing-hot/boeing-shares-plunge-on-coronavirus-737-max-wiring-bundle-setback-idUSKBN20W210

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