Boeing Shares Drop 5% After Report of Possible Delay of MAX 737 Approval
January 21 2020 - 2:50PM
Dow Jones News
By Stephen Nakrosis
Shares of Boeing Co. (BA) declined Tuesday following a media
report the company isn't expecting regulatory approval for its MAX
737 before June.
At 2:11 p.m. EST, Boeing shares had fallen 5.23% to trade at
$307.19. Volume topped 7 million shares, above the 65-day average
volume of 5.7 million.
CNBC, citing "people familiar with the matter," said the
aircraft maker "doesn't expect regulators to sign off on the 737
Max until June or July."
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
January 21, 2020 14:35 ET (19:35 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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