Boeing Stock Declines Following South Korean Aircraft Crash

Reported 3 days ago

Boeing shares dropped over 2% after South Korea mandated inspections of all 737-800 planes following a tragic crash that resulted in 179 fatalities. Despite a difficult year with quality concerns and a prolonged strike affecting production, the stock had seen a 14% recovery recently. Investors are advised to monitor key price levels at $192, $243, and $270 for potential resistance, while a crucial support level is situated around $140.

Source: YAHOO

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