Boeing fell 8% after an Alaska Airlines flight experienced an emergency landing on Friday due to a blown-off door shortly after take-off.
US stocks traded mixed on Monday, with shares of Boeing weighing down the Dow Jones Industrial Average by more than 100 points.
Boeing stock dropped 8% after an Alaska Airlines flight experienced an emergency landing on Friday due to a blown-off door in the first few minutes after take-off. The plane in question was a 737-9 MAX, and the FAA has grounded up to 171 of the planes.
Biotech stocks were buoyant on Monday as the JPMorgan Healthcare Conference got underway. Major biopharma and medical device companies kicked off the conference with a slew of acquisitions, including by Johnson & Johnson, Merck, and Boston Scientific.
