Boeing Shares Fall in Frankfurt After 737 MAX 9 Woes

Boeing shares in Frankfurt experienced a decline during European morning trading. This drop followed the Federal Aviation Administration’s order to temporarily ground and inspect numerous Boeing 737 MAX jets. The directive was issued after an Alaska Airlines aircraft had to make an emergency landing. Frankfurt shares slipped by 7% to EUR209.70, while shares in New York, where Boeing is primarily listed, fell over 8% in pre-market trading.