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Boeing shares down 10 per cent after second crash involving 737 MAX 8

Boeing Co
[Photo: Reuters]

Shares of Boeing Co slid almost 10 per cent in early trading on Monday after some airlines grounded the world’s biggest planemaker’s new 737 MAX 8 passenger jet following the second deadly crash in just five months.

The share move, if maintained through normal trading hours, would be the biggest fall in Boeing’s stock in nearly two decades, halting a surge that has seen it triple in value in just over three years to a record high of USD446 last week.

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