Boeing Shares Rise After FAA Clears 737 MAX Software Glitch
The regulator found the flaw did not pose a safety risk, removing a near-term cloud over delivery schedules.
The FAA determined a software glitch in the Boeing 737 MAX does not pose a safety issue, and Boeing shares gained on the finding.
Boeing shares react to FAA software clearance
Boeing's stock move around the FAA's finding that the 737 MAX software glitch poses no safety risk, showing how investors priced out delivery-delay fears.
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<figure><a href="https://www.indy.finance/news/boeing-shares-rise-after-faa-clears-737-max-software-glitch"><img src="https://www.indy.finance/news/boeing-shares-rise-after-faa-clears-737-max-software-glitch/graphic.svg" alt="Boeing shares react to FAA software clearance" width="1200" height="675"></a><figcaption>Boeing shares react to FAA software clearance — <a href="https://www.indy.finance/news/boeing-shares-rise-after-faa-clears-737-max-software-glitch">Indy Finance</a></figcaption></figure>If the FAA reverses its finding or issues a new airworthiness directive tied to this software glitch, the bullish read would no longer hold.
- Investing.com — All NewsUS FAA finds Boeing 737 MAX software glitch does not pose safety issueExternal ↗
- Investing.com — All NewsBoeing shares gain as FAA finds no safety issue with 737 MAX software glitchExternal ↗
Produced automatically by the INDY NEWS Desk from the public wire sources cited above, and checked against them before publication. Market commentary, not investment advice.