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Boeing stock plunges as coronavirus imperils quick ramp up in 737 MAX deliveries

Boeing stock plunges as coronavirus imperils quick ramp up in 737 MAX deliveries

Boeing’s shares plunged 18.1% Wednesday, after having already plunged over the past four weeks. The plane maker also reported a net loss of 28 orders for commercial airliners in the month of February. The company announced it is drawing down earlier than expected the $13.8 billion loan it secured in January to give it a cushion to weather the turmoil.

David
David
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