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Nov. 19, 2019, 12:20 p.m. EST

Boeing's stock dives after NTSB recommends 'more robust redesign' of 737-700s

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By Tomi Kilgore

Shares of Boeing Co. /zigman2/quotes/208579720/composite BA +2.98% took a midday dive into negative territory Tuesday, after the National Transportation Safety Board recommended a "more robust redesign" of the engine structure and its components, as it holds a board meeting to determine the probable cause of the fatal April 2018 crash of the Boeing 737-700 aircraft. The stock was up about 0.7%, then sank as much as 2.1%, before bouncing to be down just 0.1%. Boeing's stock has gained 10.5% over the past three months, while the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.44% has advanced 6.9%.

/zigman2/quotes/208579720/composite
US : U.S.: NYSE
$ 178.44
+5.16 +2.98%
Volume: 40.96M
July 10, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$97.79 billion
Rev. per Employee
$660,961
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
26,075.30
+369.21 +1.44%
Volume: 337.36M
July 10, 2020 5:09p
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