Boeing shares plummet in French market: Here’s why

Boeing shares plunge as FAA grounds 171 737 Max 9 aircraft

In a significant blow to Boeing, the Federal Aviation Administration (FAA) has issued a temporary grounding order for a number of Boeing 737 Max 9 aircraft. As a result, Boeing shares experienced a decline in premarket trading in the France stock market on Monday. During the early hours of trading at 4:30 a.m. ET, Boeing shares were down 8%, trading at a price of 228.54, marking a decrease of 20.46 (-8.22%).