New Delhi, June 12 -- Shares of aircraft manufacturer Boeing crashed over 7% in pre-market deals, signalling a tepid start ahead of the US market opening, after an Air India aircraft crashed in Gujarat's Ahmedabad on Thursday. The aircraft involved in the Air India plane crash was a Boeing 787-8 Dreamliner.
Boeing share price was trading 7.67% lower at $197.58 apiece. Today's fall would drive the stock lower for the third straight session. On Wednesday, Boeing stock settled at $214 apiece, down 0.8%. However, the stock has been in an uptrend for the past three months, gaining 24% during the period.
Commenting on the development, Boeing told Mint, "We are aware of initial reports and are working to gather more information."
Air India's ...
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